Adamera Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Adamera Minerals has a total shareholder equity of CA$8.3M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CA$9.1M and CA$808.1K respectively.
Key information
0.5%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$338.71k |
Equity | CA$8.28m |
Total liabilities | CA$808.05k |
Total assets | CA$9.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADZ's short term assets (CA$743.3K) exceed its short term liabilities (CA$535.5K).
Long Term Liabilities: ADZ's short term assets (CA$743.3K) exceed its long term liabilities (CA$272.5K).
Debt to Equity History and Analysis
Debt Level: ADZ has more cash than its total debt.
Reducing Debt: ADZ's debt to equity ratio has increased from 0% to 0.5% 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: ADZ has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ADZ is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.