Western Alaska Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Western Alaska Minerals has a total shareholder equity of $33.2M and total debt of $2.5M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are $36.6M and $3.4M respectively.
Key information
7.4%
Debt to equity ratio
US$2.45m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.55m |
| Equity | US$33.22m |
| Total liabilities | US$3.38m |
| Total assets | US$36.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MK71's short term assets ($4.8M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: MK71's short term assets ($4.8M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: MK71 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MK71's debt to equity ratio has reduced 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: MK71 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MK71 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.7% each year