Whitemud Resources Balance Sheet Health
Financial Health criteria checks 0/6
Whitemud Resources has a total shareholder equity of CA$-1.7M and total debt of CA$1.1M, which brings its debt-to-equity ratio to -65.7%. Its total assets and total liabilities are CA$2.1M and CA$3.8M respectively.
Key information
-65.7%
Debt to equity ratio
CA$1.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.06m |
| Equity | -CA$1.74m |
| Total liabilities | CA$3.79m |
| Total assets | CA$2.06m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WHTE.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WHTE.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: WHTE.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WHTE.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WHTE.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WHTE.F's interest payments on its debt are well covered by EBIT.