Victory Battery Metals Balance Sheet Health
Financial Health criteria checks 3/6
Victory Battery Metals has a total shareholder equity of CA$2.5M and total debt of CA$55.6K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CA$2.8M and CA$281.8K respectively.
Key information
2.2%
Debt to equity ratio
CA$55.56k
Debt
Interest coverage ratio | n/a |
Cash | CA$8.34k |
Equity | CA$2.51m |
Total liabilities | CA$281.77k |
Total assets | CA$2.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VR's short term assets (CA$27.7K) do not cover its short term liabilities (CA$243.0K).
Long Term Liabilities: VR's short term assets (CA$27.7K) do not cover its long term liabilities (CA$38.8K).
Debt to Equity History and Analysis
Debt Level: VR's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: VR's debt to equity ratio has increased from 0% to 2.2% 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: VR has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VR is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.