Appia Rare Earths & Uranium Balance Sheet Health
Financial Health criteria checks 6/6
Appia Rare Earths & Uranium has a total shareholder equity of CA$25.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$29.2M and CA$3.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.86m |
| Equity | CA$25.78m |
| Total liabilities | CA$3.41m |
| Total assets | CA$29.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: API's short term assets (CA$3.2M) exceed its short term liabilities (CA$499.9K).
Long Term Liabilities: API's short term assets (CA$3.2M) exceed its long term liabilities (CA$2.9M).
Debt to Equity History and Analysis
Debt Level: API is debt free.
Reducing Debt: API 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: API has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: API has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 5.3% each year.