BeMetals Balance Sheet Health
Financial Health criteria checks 4/6
BeMetals has a total shareholder equity of CA$21.5M and total debt of CA$9.0M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are CA$30.7M and CA$9.3M respectively.
Key information
42.0%
Debt to equity ratio
CA$9.03m
Debt
Interest coverage ratio | n/a |
Cash | CA$2.86m |
Equity | CA$21.49m |
Total liabilities | CA$9.26m |
Total assets | CA$30.74m |
Financial Position Analysis
Short Term Liabilities: BMET's short term assets (CA$3.2M) exceed its short term liabilities (CA$226.1K).
Long Term Liabilities: BMET's short term assets (CA$3.2M) do not cover its long term liabilities (CA$9.0M).
Debt to Equity History and Analysis
Debt Level: BMET's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: BMET's debt to equity ratio has increased from 0% to 42% 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: BMET has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BMET is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.