Scottie Resources Balance Sheet Health

Financial Health criteria checks 6/6

Scottie Resources has a total shareholder equity of CA$12.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$13.4M and CA$1.2M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$11.20m
Equity	CA$12.23m
Total liabilities	CA$1.21m
Total assets	CA$13.44m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SCTS.F's short term assets (CA$12.5M) exceed its short term liabilities (CA$454.1K).

Long Term Liabilities: SCTS.F's short term assets (CA$12.5M) exceed its long term liabilities (CA$758.7K).

Debt to Equity History and Analysis

Debt Level: SCTS.F is debt free.

Reducing Debt: SCTS.F has no debt compared to 5 years ago when its debt to equity ratio was 13.9%.

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: SCTS.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SCTS.F has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 27.6% each year.

Scottie Resources Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Scottie Resources Corp. Announces Completion of its 10,000-Metre Diamond Drill Program on Scottie Gold Mine Project, Located in BC's Golden Triangle

Scottie Resources Corp. announced that it has received CAD 1.491323 million in funding from Franco-Nevada Corporation

Scottie Resources Corp., Annual General Meeting, Jun 11, 2024

Scottie Resources Corp. announced that it expects to receive CAD 1.5 million in funding from Franco-Nevada Corporation

Scottie Resources Corp. announced that it expects to receive CAD 1.5 million in funding from Franco-Nevada Corporation

Scottie Resources Corp. announced that it has received CAD 3.587 million in funding

Scottie Resources Corp. Intersects 6.89 G/T Gold over 5.8 Metres at Scottie Gold Mine P-Zone Target

Scottie Resources Corp. announced that it expects to receive CAD 5 million in funding

Scottie Resources Corp. Reports New Assays on its Scottie Gold Mine Project in British Columbia's Golden Triangle, Including New High-Grade Intercepts on its D Zone Target

Scottie Resources Corp. Reports New Assays on the Scottie Gold Mine Project in British Columbia's Golden Triangle

Scottie Resources Intercepts 13 G/T Gold over 8.5 Metres and 10.4 G/T Gold over 7.65 Metres At Blueberry Contact Zone

Scottie Resources Corp. announced that it has received CAD 2.23355 million in funding

Scottie Resources Corp. Reports Assays on the Scottie Gold Mine Project in British Columbia's Golden Triangle

Scottie Resources Corp. Reports the First Assays from Its 2023 Drill Program Targeting the Blueberry Contact Zone

Scottie Resources Corp. Reports Positive Preliminary Metallurgical Test Results for Blueberry Zone with Up to 97.6% Gold Recovery

Scottie Resources Corp. announced that it has received CAD 6.50025 million in funding

Scottie Resources Corp. announced that it expects to receive CAD 6.50025 million in funding

Scottie Resources Corp. Reports New Assays on Its Blueberry Contact Zone

Scottie Resources Corp. Appoints Ellie Owens to Board of Directors

Scottie Resources Corp. Intercepts 8.21 G/T Gold over 19 Metres on Blueberry Contact Zone

Scottie Resources Intercepts 194 G/T Gold over 2.40 Metres on Blueberry Contact Zone

Scottie Resources Corp. Reports New Assays on its C and D Zone Targets, Which Occur as Mineralized Cross-Structures Adjacent to the Blueberry Contact Zone

Scottie Resources Corp. Reports New Assays on its Blueberry Contact Zone Including Intercepts of 9.79 G/T Gold over 25.00 Metres Including 161 G/T Gold over 1.3 Metres

Scottie Resources Corp. Extends Strike of Blueberry Contact Zone to 1.45 Kilometers and Reports Intercept of 4.24 G/T Gold over 16.95 Metres

Scottie Resources Extends Strike of Blueberry Contact Zone to 1.2 Kilometers with Intercept of 9.12 g/t Gold over 16.15 Metres

Scottie Resources Corp. announced that it has received CAD 3.2 million in funding

Scottie Resources Corp. Reports Assays on its Blueberry Contact Zone

Scottie Resources Corp. announced that it expects to receive CAD 2.3 million in funding

Scottie Resources Drills Intercept of 13.3 G/T Gold over 12.5 Metres in First Holes of 15,000+ Metre 2022 Drill Program

Scottie Resources Commences Drilling on Blueberry Contact Zone

Scottie Resources Corp. Announces 15,000 Meter Drill and Exploration Program on Its Scottie Gold Mine Project

Scottie Resources Corp. announced that it has received CAD 5.008 million in funding

Scottie Resources Corp. announced that it expects to receive CAD 6.00102 million in funding

Scottie Resources Corp. Extends Blueberry Contact Zone to 720 Metres and 225 Metres Depth with Intercept of 34.6 g/t Gold over 11.86 Metres

Scottie Resources Corp. Reports Drill Assays from its Scottie Gold Mine Target

Scottie Resources Corp. Reports Additional New Assays on the Blueberry Zone

Scottie Resources Reports Intercept of 15.6 G/T Gold over 2.25 Metres and 3.21 G/T Gold over 10.00 Metres At Blueberry Zone

Scottie Resources Corp. Reports Drill Assays from Its Scottie Gold Mine Target

Scottie Resources Corp. Drills 14.6 g/t Gold Over 8.07 Metres, Extending Blueberry Zone to Over 550 Metres Strike-Length

Scottie Resources Corp. Announces Addition of Second Drill Rig on its 100% Owned Scottie Gold Project

Scottie Resources Corp. announced that it has received CAD 5.643 million in funding

Scottie Resources Corp. announced that it expects to receive CAD 5.4 million in funding

Scottie Discovers New Mineralization Trend At Blueberry Zone, Reports Intercepts of 10.2 G/T Gold over 3.21 M and 1.31 G/T over 22.13 M

Scottie Resources Corp. Reports 12.6 g/t Gold and 4.43 g/t Silver Over 5.22 Metres at Scottie Gold Mine M-zone

Scottie Resources Reports Drilling Results At Scottie Gold Mine O-Zone

Scottie Resources Reports 12.4 g/t Gold and 8.7 g/t Silver Over 2.69 Metres at the Newly Discovered Domino Zone

Scottie Resources Corp. Reports Grab Sample Results and Preliminary Results from an Induced Polarization Survey Carried Out over the Domino Zone

Scottie Resources Corp. Reports New Assay Results for the Blueberry Zone

Scottie Resources Corp. Reports Initial Drill Results, Including 109.4 g/t Gold and 32.4 g/t Silver Over 2.53 Metres on O-zone Target

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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