Imperial Metals Financial Health
How is Imperial Metals's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: III's short term assets (CA$96.4M) do not cover its short term liabilities (CA$159.2M).
Long Term Liabilities: III's short term assets (CA$96.4M) do not cover its long term liabilities (CA$304.2M).
Debt to Equity History and Analysis
Debt Level: III's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: III's debt to equity ratio has reduced from 195.8% to 12.3% over the past 5 years.
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: III has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: III is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.