Karelian Diamond Resources Balance Sheet Health
Financial Health criteria checks 3/6
Karelian Diamond Resources has a total shareholder equity of €9.8M and total debt of €122.5K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are €11.7M and €1.9M respectively.
Key information
1.2%
Debt to equity ratio
€122.48k
Debt
| Interest coverage ratio | n/a |
| Cash | €215.03k |
| Equity | €9.83m |
| Total liabilities | €1.88m |
| Total assets | €11.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KJY1's short term assets (€272.9K) do not cover its short term liabilities (€1.7M).
Long Term Liabilities: KJY1's short term assets (€272.9K) exceed its long term liabilities (€228.4K).
Debt to Equity History and Analysis
Debt Level: KJY1 has more cash than its total debt.
Reducing Debt: KJY1's debt to equity ratio has reduced from 1.7% to 1.2% 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: Insufficient data to determine if KJY1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KJY1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.