Emerita Resources Balance Sheet Health
Financial Health criteria checks 4/6
Emerita Resources has a total shareholder equity of CA$7.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.3M and CA$932.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.16m |
| Equity | CA$7.40m |
| Total liabilities | CA$932.60k |
| Total assets | CA$8.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLJA's short term assets (CA$7.7M) exceed its short term liabilities (CA$932.6K).
Long Term Liabilities: LLJA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LLJA is debt free.
Reducing Debt: LLJA has no debt compared to 5 years ago when its debt to equity ratio was 96.7%.
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: LLJA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LLJA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.7% each year