Homerun Resources Balance Sheet Health
Financial Health criteria checks 4/6
Homerun Resources has a total shareholder equity of CA$326.5K and total debt of CA$94.7K, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CA$895.3K and CA$568.8K respectively.
Key information
29.0%
Debt to equity ratio
CA$94.74k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$312.05k |
| Equity | CA$326.54k |
| Total liabilities | CA$568.79k |
| Total assets | CA$895.33k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMRF.F's short term assets (CA$476.9K) exceed its short term liabilities (CA$474.0K).
Long Term Liabilities: HMRF.F's short term assets (CA$476.9K) exceed its long term liabilities (CA$94.7K).
Debt to Equity History and Analysis
Debt Level: HMRF.F has more cash than its total debt.
Reducing Debt: HMRF.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: HMRF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HMRF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.2% each year