Solitario Resources Balance Sheet Health
Financial Health criteria checks 6/6
Solitario Resources has a total shareholder equity of $24.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $24.9M and $925.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.88m |
| Equity | US$23.99m |
| Total liabilities | US$925.00k |
| Total assets | US$24.92m |
Financial Position Analysis
Short Term Liabilities: XPL's short term assets ($8.0M) exceed its short term liabilities ($762.0K).
Long Term Liabilities: XPL's short term assets ($8.0M) exceed its long term liabilities ($163.0K).
Debt to Equity History and Analysis
Debt Level: XPL is debt free.
Reducing Debt: XPL 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: XPL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XPL has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 16.1% each year.