Clarity Metals Balance Sheet Health
Financial Health criteria checks 3/6
Clarity Metals has a total shareholder equity of CA$865.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.5M and CA$652.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$7.85k |
Equity | CA$865.69k |
Total liabilities | CA$652.50k |
Total assets | CA$1.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMET's short term assets (CA$72.6K) do not cover its short term liabilities (CA$652.5K).
Long Term Liabilities: CMET has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CMET is debt free.
Reducing Debt: CMET 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: CMET has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMET has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.2% each year