EDM Resources Balance Sheet Health
Financial Health criteria checks 2/6
EDM Resources has a total shareholder equity of CA$10.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.7M and CA$15.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.58k |
| Equity | CA$10.19m |
| Total liabilities | CA$15.50m |
| Total assets | CA$25.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P3Z's short term assets (CA$193.1K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: P3Z's short term assets (CA$193.1K) do not cover its long term liabilities (CA$14.5M).
Debt to Equity History and Analysis
Debt Level: P3Z is debt free.
Reducing Debt: P3Z had no debt 5 years ago.
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: P3Z has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: P3Z has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3% each year