Canadian North Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canadian North Resources has a total shareholder equity of CA$44.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$49.4M and CA$4.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.75m |
Equity | CA$44.67m |
Total liabilities | CA$4.68m |
Total assets | CA$49.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNRS.F's short term assets (CA$5.2M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: CNRS.F's short term assets (CA$5.2M) exceed its long term liabilities (CA$3.6M).
Debt to Equity History and Analysis
Debt Level: CNRS.F is debt free.
Reducing Debt: CNRS.F has not had any debt for 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: CNRS.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CNRS.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61.8% each year