ECR Minerals Balance Sheet Health
Financial Health criteria checks 4/6
ECR Minerals has a total shareholder equity of £5.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £5.3M and £146.8K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£136.37k |
| Equity | UK£5.19m |
| Total liabilities | UK£146.77k |
| Total assets | UK£5.34m |
Financial Position Analysis
Short Term Liabilities: ECR's short term assets (£280.9K) exceed its short term liabilities (£146.8K).
Long Term Liabilities: ECR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ECR is debt free.
Reducing Debt: ECR 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: ECR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.2% each year