Borealis Mining Company Limited

OTCPK:BORM.F Stock Report

Market Cap: US$50.9m

Borealis Mining Balance Sheet Health

Financial Health criteria checks 3/6

Borealis Mining has a total shareholder equity of $-9.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.3M and $16.6M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$2.99m
Equity-US$9.29m
Total liabilitiesUS$16.57m
Total assetsUS$7.28m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BORM.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BORM.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: BORM.F is debt free.

Reducing Debt: BORM.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: BORM.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BORM.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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