Starcore International Mines Balance Sheet Health
Financial Health criteria checks 5/6
Starcore International Mines has a total shareholder equity of CA$35.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.2M and CA$12.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$3.90m |
Equity | CA$35.65m |
Total liabilities | CA$12.52m |
Total assets | CA$48.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V4JA's short term assets (CA$8.2M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: V4JA's short term assets (CA$8.2M) do not cover its long term liabilities (CA$9.0M).
Debt to Equity History and Analysis
Debt Level: V4JA is debt free.
Reducing Debt: V4JA has no debt compared to 5 years ago when its debt to equity ratio was 11.4%.
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: V4JA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: V4JA has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 26.9% each year.