EDM Resources Balance Sheet Health
Financial Health criteria checks 3/6
EDM Resources has a total shareholder equity of CA$11.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.9M and CA$14.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$753.73k |
| Equity | CA$11.16m |
| Total liabilities | CA$14.72m |
| Total assets | CA$25.88m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: P3Z's short term assets (CA$1.0M) exceed its short term liabilities (CA$443.4K).
Long Term Liabilities: P3Z's short term assets (CA$1.0M) do not cover its long term liabilities (CA$14.3M).
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 1.9% each year