PolyMet Mining Balance Sheet Health
Financial Health criteria checks 4/6
PolyMet Mining has a total shareholder equity of $508.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $546.1M and $37.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.09m |
| Equity | US$508.46m |
| Total liabilities | US$37.62m |
| Total assets | US$546.08m |
Financial Position Analysis
Short Term Liabilities: POM's short term assets ($97.1M) exceed its short term liabilities ($4.8M).
Long Term Liabilities: POM's short term assets ($97.1M) exceed its long term liabilities ($32.8M).
Debt to Equity History and Analysis
Debt Level: POM is debt free.
Reducing Debt: POM has no debt compared to 5 years ago when its debt to equity ratio was 98%.
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: POM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: POM has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.4% each year.