Volcanic Gold Mines Balance Sheet Health
Financial Health criteria checks 4/6
Volcanic Gold Mines has a total shareholder equity of CA$1.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.4M and CA$148.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.04m |
| Equity | CA$1.21m |
| Total liabilities | CA$148.38k |
| Total assets | CA$1.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLMZ.F's short term assets (CA$1.1M) exceed its short term liabilities (CA$148.4K).
Long Term Liabilities: VLMZ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VLMZ.F is debt free.
Reducing Debt: VLMZ.F has not had any debt for 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: VLMZ.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VLMZ.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24% each year