Patriot Battery Metals Balance Sheet Health
Financial Health criteria checks 6/6
Patriot Battery Metals has a total shareholder equity of CA$197.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$230.5M and CA$32.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$105.76m |
Equity | CA$197.77m |
Total liabilities | CA$32.74m |
Total assets | CA$230.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMET's short term assets (CA$111.9M) exceed its short term liabilities (CA$21.8M).
Long Term Liabilities: PMET's short term assets (CA$111.9M) exceed its long term liabilities (CA$10.9M).
Debt to Equity History and Analysis
Debt Level: PMET is debt free.
Reducing Debt: PMET had no debt 5 years ago.
Debt Coverage: PMET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PMET has no debt, therefore coverage of interest payments is not a concern.