Harfang Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Harfang Exploration has a total shareholder equity of CA$14.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$15.5M and CA$755.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.09m |
| Equity | CA$14.79m |
| Total liabilities | CA$755.08k |
| Total assets | CA$15.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRFE.F's short term assets (CA$5.8M) exceed its short term liabilities (CA$656.4K).
Long Term Liabilities: HRFE.F's short term assets (CA$5.8M) exceed its long term liabilities (CA$98.7K).
Debt to Equity History and Analysis
Debt Level: HRFE.F is debt free.
Reducing Debt: HRFE.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: HRFE.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HRFE.F has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 17.2% each year.