Angel Wing Metals Balance Sheet Health
Financial Health criteria checks 6/6
Angel Wing Metals has a total shareholder equity of CA$1.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.1M and CA$181.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.29m |
| Equity | CA$1.89m |
| Total liabilities | CA$180.95k |
| Total assets | CA$2.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWM's short term assets (CA$1.3M) exceed its short term liabilities (CA$181.0K).
Long Term Liabilities: AWM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWM is debt free.
Reducing Debt: AWM 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: AWM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AWM is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.