Cartier Resources Balance Sheet Health
Financial Health criteria checks 5/6
Cartier Resources has a total shareholder equity of CA$41.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$46.7M and CA$5.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.81m |
| Equity | CA$41.53m |
| Total liabilities | CA$5.21m |
| Total assets | CA$46.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECRF.F's short term assets (CA$3.4M) exceed its short term liabilities (CA$244.0K).
Long Term Liabilities: ECRF.F's short term assets (CA$3.4M) do not cover its long term liabilities (CA$5.0M).
Debt to Equity History and Analysis
Debt Level: ECRF.F is debt free.
Reducing Debt: ECRF.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: ECRF.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ECRF.F is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.