Atco Mining Balance Sheet Health
Financial Health criteria checks 6/6
Atco Mining has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.5M and CA$991.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.47m |
Equity | CA$2.55m |
Total liabilities | CA$991.78k |
Total assets | CA$3.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QP9's short term assets (CA$1.7M) exceed its short term liabilities (CA$991.8K).
Long Term Liabilities: QP9 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QP9 is debt free.
Reducing Debt: QP9 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: QP9 has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QP9 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.