Eastfield Resources Balance Sheet Health
Financial Health criteria checks 6/6
Eastfield Resources has a total shareholder equity of CA$1.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.1M and CA$320.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$458.10k |
| Equity | CA$1.74m |
| Total liabilities | CA$320.85k |
| Total assets | CA$2.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETFL.F's short term assets (CA$464.4K) exceed its short term liabilities (CA$310.3K).
Long Term Liabilities: ETFL.F's short term assets (CA$464.4K) exceed its long term liabilities (CA$10.5K).
Debt to Equity History and Analysis
Debt Level: ETFL.F is debt free.
Reducing Debt: ETFL.F has not had any debt for 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: ETFL.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ETFL.F has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 6% each year.