Wealth Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Wealth Minerals has a total shareholder equity of CA$46.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$46.7M and CA$364.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.99m |
| Equity | CA$46.36m |
| Total liabilities | CA$364.74k |
| Total assets | CA$46.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WMLL.F's short term assets (CA$4.6M) exceed its short term liabilities (CA$364.7K).
Long Term Liabilities: WMLL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WMLL.F is debt free.
Reducing Debt: WMLL.F has no debt compared to 5 years ago when its debt to equity ratio was 7.3%.
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: WMLL.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WMLL.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.6% each year.