Slam Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Slam Exploration has a total shareholder equity of CA$1.0M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CA$1.6M and CA$583.6K respectively.
Key information
5.9%
Debt to equity ratio
CA$60.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$101.78k |
Equity | CA$1.02m |
Total liabilities | CA$583.65k |
Total assets | CA$1.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLMX.F's short term assets (CA$180.8K) do not cover its short term liabilities (CA$579.1K).
Long Term Liabilities: SLMX.F's short term assets (CA$180.8K) exceed its long term liabilities (CA$4.6K).
Debt to Equity History and Analysis
Debt Level: SLMX.F has more cash than its total debt.
Reducing Debt: SLMX.F's debt to equity ratio has increased from 0% to 5.9% 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: SLMX.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SLMX.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.