Kirkland Lake Discoveries Balance Sheet Health
Financial Health criteria checks 6/6
Kirkland Lake Discoveries has a total shareholder equity of CA$14.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.7M and CA$322.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.34m |
Equity | CA$14.35m |
Total liabilities | CA$322.46k |
Total assets | CA$14.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLKL.F's short term assets (CA$4.6M) exceed its short term liabilities (CA$322.5K).
Long Term Liabilities: KLKL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KLKL.F is debt free.
Reducing Debt: KLKL.F has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.
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: KLKL.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KLKL.F has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 8% each year.