Western Alaska Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Western Alaska Minerals has a total shareholder equity of $28.3M and total debt of $2.8M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $32.1M and $3.8M respectively.
Key information
10.0%
Debt to equity ratio
US$2.82m
Debt
Interest coverage ratio | n/a |
Cash | US$1.19m |
Equity | US$28.32m |
Total liabilities | US$3.76m |
Total assets | US$32.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAMF.F's short term assets ($1.4M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: WAMF.F's short term assets ($1.4M) do not cover its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: WAMF.F's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WAMF.F's debt to equity ratio has reduced 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: WAMF.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WAMF.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.