Lodestar Metals Balance Sheet Health
Financial Health criteria checks 4/6
Lodestar Metals has a total shareholder equity of CA$2.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.8M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.19m |
| Equity | CA$2.37m |
| Total liabilities | CA$1.39m |
| Total assets | CA$3.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR9's short term assets (CA$1.3M) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: PR9 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PR9 is debt free.
Reducing Debt: PR9 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: PR9 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PR9 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% each year