Angel Wing Metals Balance Sheet Health
Financial Health criteria checks 4/6
Angel Wing Metals has a total shareholder equity of CA$2.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.9M and CA$199.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.21m |
| Equity | CA$2.75m |
| Total liabilities | CA$199.31k |
| Total assets | CA$2.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEXP.F's short term assets (CA$2.2M) exceed its short term liabilities (CA$199.3K).
Long Term Liabilities: HEXP.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HEXP.F is debt free.
Reducing Debt: HEXP.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: HEXP.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HEXP.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.4% each year