Luminex Resources Balance Sheet Health
Financial Health criteria checks 4/6
Luminex Resources has a total shareholder equity of $34.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $34.8M and $704.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.73m |
| Equity | US$34.06m |
| Total liabilities | US$704.03k |
| Total assets | US$34.77m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUMI.F's short term assets ($1.9M) exceed its short term liabilities ($395.5K).
Long Term Liabilities: LUMI.F's short term assets ($1.9M) exceed its long term liabilities ($308.5K).
Debt to Equity History and Analysis
Debt Level: LUMI.F is debt free.
Reducing Debt: LUMI.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: LUMI.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUMI.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.7% each year