Akwaaba Mining Balance Sheet Health
Financial Health criteria checks 4/6
Akwaaba Mining has a total shareholder equity of CA$4.1M and total debt of CA$318.5K, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CA$4.5M and CA$466.6K respectively.
Key information
7.8%
Debt to equity ratio
CA$318.46k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$55.45k |
| Equity | CA$4.06m |
| Total liabilities | CA$466.57k |
| Total assets | CA$4.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPKO.F's short term assets (CA$115.5K) do not cover its short term liabilities (CA$466.6K).
Long Term Liabilities: CPKO.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CPKO.F's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: CPKO.F's debt to equity ratio has increased from 0% to 7.8% 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: CPKO.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CPKO.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.