Imperial Metals Balance Sheet Health
Financial Health criteria checks 3/6
Imperial Metals has a total shareholder equity of CA$716.2M and total debt of CA$319.2M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CA$1.4B and CA$695.8M respectively.
Key information
44.6%
Debt to equity ratio
CA$319.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.94m |
| Equity | CA$716.23m |
| Total liabilities | CA$695.76m |
| Total assets | CA$1.41b |
Recent financial health updates
Is Imperial Metals (TSE:III) Using Debt In A Risky Way?
May 17
We're Not Very Worried About Imperial Metals' (TSE:III) Cash Burn Rate
Feb 15
Recent updates
It Looks Like The CEO Of Imperial Metals Corporation (TSE:III) May Be Underpaid Compared To Peers
May 19Is Imperial Metals (TSE:III) Using Debt In A Risky Way?
May 17What Kind Of Shareholders Hold The Majority In Imperial Metals Corporation's (TSE:III) Shares?
Mar 15We're Not Very Worried About Imperial Metals' (TSE:III) Cash Burn Rate
Feb 15If You Had Bought Imperial Metals (TSE:III) Stock A Year Ago, You Could Pocket A 119% Gain Today
Jan 19How Does Imperial Metals' (TSE:III) CEO Pay Compare With Company Performance?
Dec 15How Many Imperial Metals Corporation (TSE:III) Shares Have Insiders Sold, In The Last Year?
Nov 19Financial Position Analysis
Short Term Liabilities: III's short term assets (CA$119.9M) do not cover its short term liabilities (CA$287.5M).
Long Term Liabilities: III's short term assets (CA$119.9M) do not cover its long term liabilities (CA$408.2M).
Debt to Equity History and Analysis
Debt Level: III's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: III's debt to equity ratio has reduced from 212.5% to 44.6% 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: III has sufficient cash runway for 2 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 1 months based on free cash flow estimates, but has since raised additional capital.