Metalsource Mining Balance Sheet Health
Financial Health criteria checks 4/6
Metalsource Mining has a total shareholder equity of CA$2.5M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CA$2.8M and CA$306.3K respectively.
Key information
1.6%
Debt to equity ratio
CA$40.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.70k |
| Equity | CA$2.45m |
| Total liabilities | CA$306.32k |
| Total assets | CA$2.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSM's short term assets (CA$29.1K) do not cover its short term liabilities (CA$306.3K).
Long Term Liabilities: MSM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSM's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MSM's debt to equity ratio has reduced 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: MSM has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MSM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.