Prime Mining Balance Sheet Health
Financial Health criteria checks 6/6
Prime Mining has a total shareholder equity of CA$39.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$42.0M and CA$2.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$27.90m |
Equity | CA$39.78m |
Total liabilities | CA$2.19m |
Total assets | CA$41.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O4V3's short term assets (CA$28.0M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: O4V3's short term assets (CA$28.0M) exceed its long term liabilities (CA$832.6K).
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 3.2%.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: O4V3 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 40.2% each year