Abitibi Metals Balance Sheet Health
Financial Health criteria checks 6/6
Abitibi Metals has a total shareholder equity of CA$18.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$20.8M and CA$1.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$11.85m |
Equity | CA$18.91m |
Total liabilities | CA$1.88m |
Total assets | CA$20.79m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AMQ's short term assets (CA$12.9M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: AMQ's short term assets (CA$12.9M) exceed its long term liabilities (CA$532.0K).
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 2 years if free cash flow continues to reduce at historical rates of 21.5% each year.