Viscount Mining Balance Sheet Health
Financial Health criteria checks 2/6
Viscount Mining has a total shareholder equity of CA$5.5M and total debt of CA$272.0K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CA$6.6M and CA$1.1M respectively.
Key information
5.0%
Debt to equity ratio
CA$272.01k
Debt
Interest coverage ratio | n/a |
Cash | CA$60.47k |
Equity | CA$5.48m |
Total liabilities | CA$1.12m |
Total assets | CA$6.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLMG.F's short term assets (CA$113.9K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: VLMG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VLMG.F's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: VLMG.F's debt to equity ratio has increased from 4.5% to 5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VLMG.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.2% each year