EGR Exploration Balance Sheet Health
Financial Health criteria checks 4/6
EGR Exploration has a total shareholder equity of CA$516.9K and total debt of CA$144.5K, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CA$751.9K and CA$235.1K respectively.
Key information
28.0%
Debt to equity ratio
CA$144.52k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$112.63k |
| Equity | CA$516.86k |
| Total liabilities | CA$235.07k |
| Total assets | CA$751.94k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z0R's short term assets (CA$135.4K) do not cover its short term liabilities (CA$235.1K).
Long Term Liabilities: Z0R has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: Z0R's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: Z0R's debt to equity ratio has increased from 0.02% to 28% 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: Z0R has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Z0R is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.