Voyageur Mineral Explorers Balance Sheet Health
Financial Health criteria checks 6/6
Voyageur Mineral Explorers has a total shareholder equity of CA$884.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$907.4K and CA$22.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$864.63k |
| Equity | CA$884.71k |
| Total liabilities | CA$22.68k |
| Total assets | CA$907.39k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPEF.F's short term assets (CA$907.4K) exceed its short term liabilities (CA$22.7K).
Long Term Liabilities: CPEF.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CPEF.F is debt free.
Reducing Debt: CPEF.F 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: CPEF.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CPEF.F has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 9.1% each year.