Prospera Energy Balance Sheet Health
Financial Health criteria checks 3/6
Prospera Energy has a total shareholder equity of CA$2.3M and total debt of CA$6.3M, which brings its debt-to-equity ratio to 269.3%. Its total assets and total liabilities are CA$44.3M and CA$41.9M respectively.
Key information
269.3%
Debt to equity ratio
CA$6.30m
Debt
Interest coverage ratio | n/a |
Cash | CA$194.94k |
Equity | CA$2.34m |
Total liabilities | CA$41.95m |
Total assets | CA$44.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GXRF.F's short term assets (CA$5.1M) do not cover its short term liabilities (CA$17.0M).
Long Term Liabilities: GXRF.F's short term assets (CA$5.1M) do not cover its long term liabilities (CA$25.0M).
Debt to Equity History and Analysis
Debt Level: GXRF.F's net debt to equity ratio (260.9%) is considered high.
Reducing Debt: GXRF.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GXRF.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GXRF.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.