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 ratio | n/a |
| Cash | CA$318.87k |
| Equity | CA$331.65k |
| Total liabilities | CA$89.77k |
| Total assets | CA$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