Karnalyte Resources Balance Sheet Health
Financial Health criteria checks 6/6
Karnalyte Resources has a total shareholder equity of CA$6.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.4M and CA$1.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.30m |
Equity | CA$6.49m |
Total liabilities | CA$1.89m |
Total assets | CA$8.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRLT.F's short term assets (CA$2.7M) exceed its short term liabilities (CA$572.0K).
Long Term Liabilities: KRLT.F's short term assets (CA$2.7M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: KRLT.F is debt free.
Reducing Debt: KRLT.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: KRLT.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KRLT.F has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 14.9% each year.