Electrum Discovery Balance Sheet Health
Financial Health criteria checks 4/6
Electrum Discovery has a total shareholder equity of CA$2.8M and total debt of CA$250.0K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CA$4.1M and CA$1.3M respectively.
Key information
9.0%
Debt to equity ratio
CA$250.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.13m |
Equity | CA$2.76m |
Total liabilities | CA$1.34m |
Total assets | CA$4.10m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ELDC.F's short term assets (CA$1.3M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: ELDC.F's short term assets (CA$1.3M) exceed its long term liabilities (CA$319.3K).
Debt to Equity History and Analysis
Debt Level: ELDC.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ELDC.F's debt to equity ratio has reduced 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: ELDC.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ELDC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.9% each year