Kenorland Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Kenorland Minerals has a total shareholder equity of CA$50.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$59.1M and CA$8.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$33.28m |
| Equity | CA$50.77m |
| Total liabilities | CA$8.33m |
| Total assets | CA$59.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLDC.F's short term assets (CA$35.2M) exceed its short term liabilities (CA$6.5M).
Long Term Liabilities: KLDC.F's short term assets (CA$35.2M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: KLDC.F is debt free.
Reducing Debt: KLDC.F had no debt 5 years ago.
Debt Coverage: KLDC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KLDC.F has no debt, therefore coverage of interest payments is not a concern.