Abitibi Metals Balance Sheet Health
Financial Health criteria checks 6/6
Abitibi Metals has a total shareholder equity of CA$22.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$27.2M and CA$4.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$15.70m |
| Equity | CA$22.57m |
| Total liabilities | CA$4.61m |
| Total assets | CA$27.18m |
Financial Position Analysis
Short Term Liabilities: AMQ's short term assets (CA$16.8M) exceed its short term liabilities (CA$3.5M).
Long Term Liabilities: AMQ's short term assets (CA$16.8M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: AMQ is debt free.
Reducing Debt: AMQ 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: AMQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AMQ has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 36.4% each year.