North Arrow Minerals Balance Sheet Health
Financial Health criteria checks 2/6
North Arrow Minerals has a total shareholder equity of CA$16.8M and total debt of CA$534.8K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$18.0M and CA$1.2M respectively.
Key information
3.2%
Debt to equity ratio
CA$534.82k
Debt
Interest coverage ratio | n/a |
Cash | CA$741.48k |
Equity | CA$16.77m |
Total liabilities | CA$1.21m |
Total assets | CA$17.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHAW.F's short term assets (CA$914.4K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: NHAW.F's short term assets (CA$914.4K) exceed its long term liabilities (CA$196.0K).
Debt to Equity History and Analysis
Debt Level: NHAW.F has more cash than its total debt.
Reducing Debt: NHAW.F's debt to equity ratio has increased from 0% to 3.2% over the 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: NHAW.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NHAW.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 29.3% each year.