Eurasia Mining Balance Sheet Health
Financial Health criteria checks 4/6
Eurasia Mining has a total shareholder equity of £17.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £20.2M and £2.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£405.88k |
Equity | UK£17.47m |
Total liabilities | UK£2.75m |
Total assets | UK£20.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUH's short term assets (£6.9M) exceed its short term liabilities (£2.4M).
Long Term Liabilities: EUH's short term assets (£6.9M) exceed its long term liabilities (£321.2K).
Debt to Equity History and Analysis
Debt Level: EUH is debt free.
Reducing Debt: EUH has no debt compared to 5 years ago when its debt to equity ratio was 12.2%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EUH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EUH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.8% each year