Mineral Road Discovery Balance Sheet Health
Financial Health criteria checks 5/6
Mineral Road Discovery has a total shareholder equity of CA$4.2M and total debt of CA$80.2K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CA$5.2M and CA$1.0M respectively.
Key information
1.9%
Debt to equity ratio
CA$80.16k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$276.40k |
| Equity | CA$4.15m |
| Total liabilities | CA$1.04m |
| Total assets | CA$5.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRST.F's short term assets (CA$1.3M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: CRST.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRST.F has more cash than its total debt.
Reducing Debt: CRST.F's debt to equity ratio has increased from 0% to 1.9% 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: CRST.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRST.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.