Clean Air Metals Balance Sheet Health
Financial Health criteria checks 4/6
Clean Air Metals has a total shareholder equity of CA$33.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$37.6M and CA$4.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.19m |
| Equity | CA$33.68m |
| Total liabilities | CA$3.96m |
| Total assets | CA$37.64m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AIR's short term assets (CA$4.9M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: AIR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIR is debt free.
Reducing Debt: AIR has no debt compared to 5 years ago when its debt to equity ratio was 0.07%.
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: AIR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.2% each year