Flow Metals Balance Sheet Health

Financial Health criteria checks 5/6

Flow Metals has a total shareholder equity of CA$342.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$675.3K and CA$333.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$70.25k
Equity	CA$341.97k
Total liabilities	CA$333.37k
Total assets	CA$675.34k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FWM's short term assets (CA$77.4K) do not cover its short term liabilities (CA$333.4K).

Long Term Liabilities: FWM has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FWM is debt free.

Reducing Debt: FWM had no debt 5 years ago.

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: FWM has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: FWM is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.

Flow Metals Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Flow Metals Corp. announced that it has received CAD 0.02 million in funding

Flow Metals Corp. announced that it expects to receive CAD 0.02 million in funding

Flow Metals Corp. Provides Update on the Yukon Sixtymile Gold Project

Less than half of directors are independent

Flow Metals Corp., Annual General Meeting, Sep 24, 2024

Flow Metals Corp. announced that it expects to receive CAD 0.35 million in funding

Less than half of directors are independent

New minor risk - Shareholder dilution

Less than half of directors are independent

Less than half of directors are independent

New major risk - Financial position

Insufficient new directors

Insufficient new directors

Insufficient new directors

Flow Metals Corp. Announces Results from the First Phase Summer Program At the New Brenda Project Located in South-Central British Columbia

Flow Metals Corp., Annual General Meeting, Sep 26, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Flow Metals Identifies High-Grade Gold and Porphyry Target At New Brenda

Insufficient new directors

Flow Metals Corp. announced that it has received CAD 0.36253 million in funding

Insufficient new directors

Flow Metals Corp., Annual General Meeting, Aug 28, 2022

Insufficient new directors

Flow Metals Corp. Provides an Update on Its 10,000 Hectare 100% Owned New Brenda Project

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Flow Metals Corp. Announces Flow Outlines New 1.2 Km Gold Target

Insufficient new directors

Director Adrian Smith has joined 5th company board

Director Adrian Smith has joined 5th company board

Flow Metals Corp. Metals and Gold Mountain Mining Corp. Announces Agreement for Enhanced Exploration

Flow Metals Corp. Prepares for Sixtymile Drilling

Flow Metals Corp. Announces Resignation of Jacob Verbaas as Chief Operating Officer

Flow Metals Corp. Announce the Discovery of Visible Gold in Arsenopyrite-Quartz Veins At the Surface on Its 100% Owned Sixtymile Project

Flow Metals Corp. Completes Program at Sixtymile

Flow Metals Corp. announced that it has received CAD 0.85651 million in funding from Palisades Goldcorp Ltd.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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