Battery X Metals Balance Sheet Health
Financial Health criteria checks 4/6
Battery X Metals has a total shareholder equity of CA$733.8K and total debt of CA$77.5K, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CA$2.3M and CA$1.6M respectively.
Key information
10.6%
Debt to equity ratio
CA$77.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$100.07k |
| Equity | CA$733.81k |
| Total liabilities | CA$1.59m |
| Total assets | CA$2.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BATX's short term assets (CA$416.3K) do not cover its short term liabilities (CA$1.6M).
Long Term Liabilities: BATX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BATX has more cash than its total debt.
Reducing Debt: BATX's debt to equity ratio has increased from 0% to 10.6% 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: BATX has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BATX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.