Adamera Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Adamera Minerals has a total shareholder equity of CA$7.7M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CA$8.7M and CA$1.0M respectively.
Key information
0.5%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$335.45k |
Equity | CA$7.70m |
Total liabilities | CA$1.02m |
Total assets | CA$8.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDNF.F's short term assets (CA$773.3K) do not cover its short term liabilities (CA$822.4K).
Long Term Liabilities: DDNF.F's short term assets (CA$773.3K) exceed its long term liabilities (CA$199.9K).
Debt to Equity History and Analysis
Debt Level: DDNF.F has more cash than its total debt.
Reducing Debt: DDNF.F's debt to equity ratio has increased from 0% to 0.5% 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: DDNF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DDNF.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.8% each year.