Prime Mining Balance Sheet Health
Financial Health criteria checks 5/6
Prime Mining has a total shareholder equity of CA$33.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$35.2M and CA$1.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$21.24m |
| Equity | CA$33.55m |
| Total liabilities | CA$1.70m |
| Total assets | CA$35.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O4V3's short term assets (CA$21.4M) exceed its short term liabilities (CA$892.7K).
Long Term Liabilities: O4V3's short term assets (CA$21.4M) exceed its long term liabilities (CA$807.6K).
Debt to Equity History and Analysis
Debt Level: O4V3 is debt free.
Reducing Debt: O4V3 has no debt compared to 5 years ago when its debt to equity ratio was 7.1%.
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: O4V3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: O4V3 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 33.3% each year.