Indigo Exploration Balance Sheet Health

Financial Health criteria checks 4/6

Indigo Exploration has a total shareholder equity of CA$331.6K and total debt of CA$30.0K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CA$421.4K and CA$89.8K respectively.

Key information

9.0%

Debt to equity ratio

CA$30.00k

Debt

Interest coverage ration/a
CashCA$318.87k
EquityCA$331.65k
Total liabilitiesCA$89.77k
Total assetsCA$421.41k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: INEN's short term assets (CA$361.5K) exceed its short term liabilities (CA$89.8K).

Long Term Liabilities: INEN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: INEN has more cash than its total debt.

Reducing Debt: INEN's debt to equity ratio has reduced from 48.5% to 9% 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: INEN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: INEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.3% each year


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