Happy Creek Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Happy Creek Minerals has a total shareholder equity of CA$17.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.5M and CA$1.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$46.87k |
| Equity | CA$17.23m |
| Total liabilities | CA$1.29m |
| Total assets | CA$18.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPYC.F's short term assets (CA$71.2K) do not cover its short term liabilities (CA$382.2K).
Long Term Liabilities: HPYC.F's short term assets (CA$71.2K) do not cover its long term liabilities (CA$911.1K).
Debt to Equity History and Analysis
Debt Level: HPYC.F is debt free.
Reducing Debt: HPYC.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: HPYC.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HPYC.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.