Canadian Metals Balance Sheet Health
Financial Health criteria checks 4/6
Canadian Metals has a total shareholder equity of CA$11.2M and total debt of CA$942.8K, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CA$12.7M and CA$1.6M respectively.
Key information
8.4%
Debt to equity ratio
CA$942.83k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$502.65k |
| Equity | CA$11.17m |
| Total liabilities | CA$1.55m |
| Total assets | CA$12.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CME's short term assets (CA$1.0M) exceed its short term liabilities (CA$726.2K).
Long Term Liabilities: CME's short term assets (CA$1.0M) exceed its long term liabilities (CA$825.7K).
Debt to Equity History and Analysis
Debt Level: CME's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: CME's debt to equity ratio has reduced from 28.9% to 8.4% 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: CME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CME has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.6% each year.