KORE Mining Balance Sheet Health
Financial Health criteria checks 2/6
KORE Mining has a total shareholder equity of CA$1.2M and total debt of CA$319.2K, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are CA$2.1M and CA$823.5K respectively.
Key information
25.7%
Debt to equity ratio
CA$319.16k
Debt
Interest coverage ratio | n/a |
Cash | CA$52.66k |
Equity | CA$1.24m |
Total liabilities | CA$823.48k |
Total assets | CA$2.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUS's short term assets (CA$109.9K) do not cover its short term liabilities (CA$823.5K).
Long Term Liabilities: EUS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EUS's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: EUS's debt to equity ratio has increased from 0% to 25.7% over the past 5 years.
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: EUS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EUS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.3% each year