Silver X Mining Balance Sheet Health
Financial Health criteria checks 3/6
Silver X Mining has a total shareholder equity of $18.3M and total debt of $1.3M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $52.8M and $34.5M respectively.
Key information
6.9%
Debt to equity ratio
US$1.27m
Debt
Interest coverage ratio | n/a |
Cash | US$295.42k |
Equity | US$18.28m |
Total liabilities | US$34.48m |
Total assets | US$52.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGXP.F's short term assets ($7.0M) do not cover its short term liabilities ($22.8M).
Long Term Liabilities: AGXP.F's short term assets ($7.0M) do not cover its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: AGXP.F's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: AGXP.F's debt to equity ratio has increased from 0% to 6.9% over the past 5 years.
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: AGXP.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGXP.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.