Karelian Diamond Resources Balance Sheet Health
Financial Health criteria checks 4/6
Karelian Diamond Resources has a total shareholder equity of €9.7M and total debt of €125.7K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are €11.8M and €2.1M respectively.
Key information
1.3%
Debt to equity ratio
€125.72k
Debt
| Interest coverage ratio | n/a |
| Cash | €39.60k |
| Equity | €9.74m |
| Total liabilities | €2.07m |
| Total assets | €11.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KDR's short term assets (€121.1K) do not cover its short term liabilities (€2.1M).
Long Term Liabilities: KDR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KDR's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: KDR's debt to equity ratio has reduced from 1.7% to 1.3% 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: KDR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if KDR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.