Kingsmen Resources Balance Sheet Health
Financial Health criteria checks 6/6
Kingsmen Resources has a total shareholder equity of CA$858.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$946.4K and CA$88.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$532.13k |
| Equity | CA$858.31k |
| Total liabilities | CA$88.06k |
| Total assets | CA$946.37k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUY's short term assets (CA$561.3K) exceed its short term liabilities (CA$88.1K).
Long Term Liabilities: TUY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TUY is debt free.
Reducing Debt: TUY 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: TUY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TUY is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.