Belmont Resources Balance Sheet Health
Financial Health criteria checks 3/6
Belmont Resources has a total shareholder equity of CA$3.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.3M and CA$377.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$320.72k |
| Equity | CA$2.95m |
| Total liabilities | CA$377.22k |
| Total assets | CA$3.33m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L3L2's short term assets (CA$348.2K) do not cover its short term liabilities (CA$377.2K).
Long Term Liabilities: L3L2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: L3L2 is debt free.
Reducing Debt: L3L2 had no debt 5 years ago.
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: L3L2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: L3L2 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.