Orvana Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Orvana Minerals has a total shareholder equity of $50.6M and total debt of $14.1M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are $113.6M and $63.0M respectively.
Key information
27.8%
Debt to equity ratio
US$14.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.86m |
| Equity | US$50.63m |
| Total liabilities | US$63.01m |
| Total assets | US$113.64m |
Recent financial health updates
Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Mar 05
Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Oct 10Health Check: How Prudently Does Orvana Minerals (TSE:ORV) Use Debt?
Jun 06Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Jan 17Is Orvana Minerals (TSE:ORV) Using Debt In A Risky Way?
Jul 07Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Dec 04Recent updates
Orvana Minerals Corp.'s (TSE:ORV) Share Price Boosted 35% But Its Business Prospects Need A Lift Too
Mar 23Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Mar 05Improved Revenues Required Before Orvana Minerals Corp. (TSE:ORV) Shares Find Their Feet
Jan 08Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Oct 10Health Check: How Prudently Does Orvana Minerals (TSE:ORV) Use Debt?
Jun 06Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Jan 17Orvana Minerals (TSE:ORV) Might Have The Makings Of A Multi-Bagger
Dec 04Is Orvana Minerals (TSE:ORV) Using Debt In A Risky Way?
Jul 07There's Been No Shortage Of Growth Recently For Orvana Minerals' (TSE:ORV) Returns On Capital
May 13We Like Orvana Minerals' (TSE:ORV) Earnings For More Than Just Statutory Profit
Feb 23A Look At The Fair Value Of Orvana Minerals Corp. (TSE:ORV)
Jan 26Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Dec 04Financial Position Analysis
Short Term Liabilities: ORV's short term assets ($19.6M) do not cover its short term liabilities ($36.4M).
Long Term Liabilities: ORV's short term assets ($19.6M) do not cover its long term liabilities ($26.6M).
Debt to Equity History and Analysis
Debt Level: ORV's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: ORV's debt to equity ratio has increased from 20.9% to 27.8% 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: Whilst unprofitable ORV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.6% per year.