AuMEGA Metals Balance Sheet Health
Financial Health criteria checks 5/6
AuMEGA Metals has a total shareholder equity of CA$43.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$53.0M and CA$9.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.30m |
| Equity | CA$43.69m |
| Total liabilities | CA$9.29m |
| Total assets | CA$52.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUM's short term assets (CA$4.7M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: AUM's short term assets (CA$4.7M) do not cover its long term liabilities (CA$7.9M).
Debt to Equity History and Analysis
Debt Level: AUM is debt free.
Reducing Debt: AUM 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: AUM has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AUM is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.