Spearmint Resources Balance Sheet Health
Financial Health criteria checks 5/6
Spearmint Resources has a total shareholder equity of CA$3.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.3M and CA$88.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$71.79k |
| Equity | CA$3.19m |
| Total liabilities | CA$88.54k |
| Total assets | CA$3.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQH's short term assets (CA$75.2K) do not cover its short term liabilities (CA$88.5K).
Long Term Liabilities: SQH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SQH is debt free.
Reducing Debt: SQH 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: SQH has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SQH is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.