Quebec Precious Metals Balance Sheet Health
Financial Health criteria checks 4/6
Quebec Precious Metals has a total shareholder equity of CA$1.6M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CA$2.4M and CA$814.5K respectively.
Key information
2.6%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.52m |
Equity | CA$1.56m |
Total liabilities | CA$814.47k |
Total assets | CA$2.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YXEP's short term assets (CA$2.4M) exceed its short term liabilities (CA$814.5K).
Long Term Liabilities: YXEP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: YXEP has more cash than its total debt.
Reducing Debt: YXEP's debt to equity ratio has increased from 0% to 2.6% over the 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: YXEP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: YXEP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year