Iconic Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Iconic Minerals has a total shareholder equity of CA$1.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.5M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$690.21k |
| Equity | CA$1.02m |
| Total liabilities | CA$1.44m |
| Total assets | CA$2.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICMF.F's short term assets (CA$1.2M) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: ICMF.F's short term assets (CA$1.2M) exceed its long term liabilities (CA$27.4K).
Debt to Equity History and Analysis
Debt Level: ICMF.F is debt free.
Reducing Debt: ICMF.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: ICMF.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICMF.F has no debt, therefore coverage of interest payments is not a concern.