Viscount Mining Balance Sheet Health
Financial Health criteria checks 4/6
Viscount Mining has a total shareholder equity of CA$5.9M and total debt of CA$282.8K, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CA$7.3M and CA$1.4M respectively.
Key information
4.8%
Debt to equity ratio
CA$282.84k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$763.41k |
| Equity | CA$5.91m |
| Total liabilities | CA$1.39m |
| Total assets | CA$7.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLMG.F's short term assets (CA$783.1K) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: VLMG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VLMG.F has more cash than its total debt.
Reducing Debt: VLMG.F's debt to equity ratio has increased from 0.7% to 4.8% 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: VLMG.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VLMG.F has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 6.8% each year.