Clean Air Metals Balance Sheet Health
Financial Health criteria checks 5/6
Clean Air Metals has a total shareholder equity of CA$36.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$39.9M and CA$3.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$6.99m |
Equity | CA$36.36m |
Total liabilities | CA$3.49m |
Total assets | CA$39.85m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AIR's short term assets (CA$7.7M) exceed its short term liabilities (CA$187.7K).
Long Term Liabilities: AIR's short term assets (CA$7.7M) exceed its long term liabilities (CA$3.3M).
Debt to Equity History and Analysis
Debt Level: AIR is debt free.
Reducing Debt: AIR had no debt 5 years ago.
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 sufficient cash runway for more than a year 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 37.5% each year