Yorbeau Resources Balance Sheet Health
Financial Health criteria checks 2/6
Yorbeau Resources has a total shareholder equity of CA$24.5M and total debt of CA$800.0K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CA$26.1M and CA$1.6M respectively.
Key information
3.3%
Debt to equity ratio
CA$800.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$305.50k |
| Equity | CA$24.48m |
| Total liabilities | CA$1.64m |
| Total assets | CA$26.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YRBA.F's short term assets (CA$394.4K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: YRBA.F's short term assets (CA$394.4K) exceed its long term liabilities (CA$339.0K).
Debt to Equity History and Analysis
Debt Level: YRBA.F's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: YRBA.F's debt to equity ratio has increased from 0% to 3.3% 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: YRBA.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: YRBA.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.