SRQ Resources Balance Sheet Health
Financial Health criteria checks 4/6
SRQ Resources has a total shareholder equity of CA$979.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$344.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$709.37k |
| Equity | CA$979.44k |
| Total liabilities | CA$344.94k |
| Total assets | CA$1.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRQR.F's short term assets (CA$1.2M) exceed its short term liabilities (CA$335.9K).
Long Term Liabilities: SRQR.F's short term assets (CA$1.2M) exceed its long term liabilities (CA$9.1K).
Debt to Equity History and Analysis
Debt Level: SRQR.F is debt free.
Reducing Debt: SRQR.F had no debt 5 years ago.
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: SRQR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRQR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.8% each year