International Battery Metals Balance Sheet Health
Financial Health criteria checks 3/6
International Battery Metals has a total shareholder equity of CA$38.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$41.1M and CA$3.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$406.86k |
| Equity | CA$38.05m |
| Total liabilities | CA$3.00m |
| Total assets | CA$41.06m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IBAT's short term assets (CA$840.6K) do not cover its short term liabilities (CA$2.9M).
Long Term Liabilities: IBAT's short term assets (CA$840.6K) exceed its long term liabilities (CA$90.0K).
Debt to Equity History and Analysis
Debt Level: IBAT is debt free.
Reducing Debt: IBAT has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
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: Insufficient data to determine if IBAT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IBAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.