Solitario Resources Balance Sheet Health
Financial Health criteria checks 6/6
Solitario Resources has a total shareholder equity of $26.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $26.8M and $807.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$9.67m |
Equity | US$25.95m |
Total liabilities | US$807.00k |
Total assets | US$26.76m |
Financial Position Analysis
Short Term Liabilities: XPL's short term assets ($9.9M) exceed its short term liabilities ($632.0K).
Long Term Liabilities: XPL's short term assets ($9.9M) exceed its long term liabilities ($175.0K).
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 2.9 years if free cash flow continues to reduce at historical rates of 16.3% each year.