Borealis Mining Company Limited

DB:L4B0 Stock Report

Market Cap: €33.3m

Borealis Mining Balance Sheet Health

Financial Health criteria checks 1/6

Borealis Mining has a total shareholder equity of $-4.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.4M and $11.3M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$2.63m
Equity-US$3.97m
Total liabilitiesUS$11.34m
Total assetsUS$7.37m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: L4B0 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: L4B0 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: L4B0 is debt free.

Reducing Debt: L4B0's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: L4B0 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: L4B0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 134.6% each year


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