EMP Metals Balance Sheet Health
Financial Health criteria checks 6/6
EMP Metals has a total shareholder equity of CA$33.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$33.7M and CA$431.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.50m |
| Equity | CA$33.32m |
| Total liabilities | CA$431.10k |
| Total assets | CA$33.75m |
Financial Position Analysis
Short Term Liabilities: EMPS's short term assets (CA$9.3M) exceed its short term liabilities (CA$431.1K).
Long Term Liabilities: EMPS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMPS is debt free.
Reducing Debt: EMPS 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: EMPS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EMPS has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 56.9% each year.