Canadian Spirit Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canadian Spirit Resources has a total shareholder equity of CA$31.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$34.1M and CA$2.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$962.84k |
| Equity | CA$31.39m |
| Total liabilities | CA$2.73m |
| Total assets | CA$34.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSPU.F's short term assets (CA$1.1M) exceed its short term liabilities (CA$896.0K).
Long Term Liabilities: CSPU.F's short term assets (CA$1.1M) do not cover its long term liabilities (CA$1.8M).
Debt to Equity History and Analysis
Debt Level: CSPU.F is debt free.
Reducing Debt: CSPU.F 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: CSPU.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CSPU.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.6% each year.