Phenom Resources Balance Sheet Health

Financial Health criteria checks 4/6

Phenom Resources has a total shareholder equity of CA$20.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$20.4M and CA$289.5K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$914.74k
Equity	CA$20.08m
Total liabilities	CA$289.49k
Total assets	CA$20.37m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PHNM.F's short term assets (CA$949.6K) exceed its short term liabilities (CA$289.5K).

Long Term Liabilities: PHNM.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: PHNM.F is debt free.

Reducing Debt: PHNM.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: PHNM.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PHNM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.5% each year

Phenom Resources Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Phenom Resources Corp. Commences Drilling on Crescent Valley Gold Project, Nevada

Phenom Resources Corp. Reports Dobbin Gold Footprint Grows, Nevada

Phenom Resources Corp. Reports Dobbin Gold Footprint Grows, Nevada

Phenom Resources Corp., Annual General Meeting, Dec 12, 2024

Phenom Resources Corp. announced that it has received $0.023181 million in funding

Phenom Resources Corp. announced that it has received CAD 1.09956 million in funding

Phenom Resources Corp. Submits Concept Paper for Larger U.S. Federal Grant Application

Phenom Resources Corp. Announces Board Changes

Phenom Resources Corp. Announces Board Changes

Phenom Resources Corp. Completes Drill Program at Carlin Gold-Vanadium Project, Nevada

Phenom Resources Corp. Announces Early Results from the Reverse Circulation Drill Hole RC23-17 at the Carlin Gold-Vanadium Project in the Carlin Gold Trend of Nevada

Phenom Resources Corp. Mobilizes Its Drilling Equipment to Phenom's 100% Owned Carlin Gold-Vanadium Project

Phenom Resources Corp., Annual General Meeting, Dec 13, 2023

Phenom Resources Corp. to Commence Drilling Early October at Carlin, Nevada

Phenom Resources Corp. Increases the Size of the Dobbin Gold Property by over 60% with the Staking of 19 New Claims

Phenom Resources Corp. Provides Updates on Field Planning and Preparation for Gold Push

Phenom Resources Corp. Narrows in on the Gold Target on the Carlin Gold-Vanadium Project, Nevada

Phenom Resources Corp. Phenom Resources Expands the Vanadium Deposit on Its Nevada Project

Phenom Resources Corp. announced that it has received CAD 1.8291 million in funding

Phenom Resources Corp., Annual General Meeting, Dec 15, 2022

Phenom Resources Corp. announced that it expects to receive CAD 1.65 million in funding

Phenom Resources Corp. Provides New Vanadium Intercepts on its Nevada Project

Phenom Resources Corp. Announces Partial Drill Results from the July 2022 5-Hole 2,700 Foot RC Drill Program on the Smoke Gold Property

Phenom Resources Corp. Announces Drill Results from RC22-015, the First Hole This Year into the Gold System Under the Vanadium Resource on its 100% Owned Carlin Gold-Vanadium Project, Nevada

Phenom Resources Provides Drilling Update at Carlin

Phenom Resources Corp. announced that it has received CAD 3 million in funding

Phenom Resources Corp. announced that it expects to receive CAD 3 million in funding

Phenom Resources Provides Drill Progress on its Nevada Project

Phenom Resources Provides Drilling Progress Report on its Nevada Projects

Phenom Resources Corp. Identifies Chargeability Anomaly on Strategic Ground Along Trend from Gold System on Carlin Gold Trend, Nevada

Phenom Resources Corp. Announces Secured by Way of an Option Agreement the Right to Acquire 100% Interest in Claims Covering One Square Mile

First Vanadium Resumes Drilling on Its Gold System on Carlin Gold Trend, Nevada

First Vanadium Corp. announced that it has received CAD 6 million in funding

First Vanadium Corp. announced that it expects to receive CAD 6 million in funding

First Vanadium Identifies the Root System to Its Carlin-Type Gold System on the Carlin Gold Trend - Large and Untested

First Vanadium Reports Encouraging Visual Assessment from Latest Drilling on its Gold Target on the Carlin Gold Trend, Nevada

First Vanadium Commences Geophysical Survey over its Gold Target on the Carlin Gold Trend, Nevada

First Vanadium Corp. Identifies Largescale Carlintype Gold System with First Hole on its Property at the Carlin Gold Trend, Nevada

First Vanadium Corp. announced that it has received CAD 1.6 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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