Nickelex Resource Balance Sheet Health
Financial Health criteria checks 3/6
Nickelex Resource has a total shareholder equity of CA$238.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.5M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.32k |
| Equity | CA$238.74k |
| Total liabilities | CA$1.24m |
| Total assets | CA$1.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H20's short term assets (CA$19.0K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: H20 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: H20 is debt free.
Reducing Debt: H20 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: H20 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: H20 has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.6% each year.