Metallic Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Metallic Minerals has a total shareholder equity of CA$7.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.3M and CA$147.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$325.78k |
| Equity | CA$7.19m |
| Total liabilities | CA$147.42k |
| Total assets | CA$7.34m |
Recent financial health updates
We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully
Mar 07
Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Nov 11Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Jul 20We're Keeping An Eye On Metallic Minerals' (CVE:MMG) Cash Burn Rate
Apr 03Recent updates
We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully
Mar 07Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Nov 11Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Jul 20We're Keeping An Eye On Metallic Minerals' (CVE:MMG) Cash Burn Rate
Apr 03Financial Position Analysis
Short Term Liabilities: MMG's short term assets (CA$1.6M) exceed its short term liabilities (CA$147.4K).
Long Term Liabilities: MMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MMG is debt free.
Reducing Debt: MMG has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
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: MMG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MMG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.