Desert Mountain Energy Balance Sheet Health
Financial Health criteria checks 3/6
Desert Mountain Energy has a total shareholder equity of CA$48.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$56.9M and CA$8.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.22m |
| Equity | CA$48.57m |
| Total liabilities | CA$8.29m |
| Total assets | CA$56.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QM01's short term assets (CA$3.9M) exceed its short term liabilities (CA$513.8K).
Long Term Liabilities: QM01's short term assets (CA$3.9M) do not cover its long term liabilities (CA$7.8M).
Debt to Equity History and Analysis
Debt Level: QM01 is debt free.
Reducing Debt: QM01 has not had any debt for past 5 years.
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: QM01 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QM01 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.2% each year