Battery Mineral Resources Balance Sheet Health
Financial Health criteria checks 2/6
Battery Mineral Resources has a total shareholder equity of CA$52.1M and total debt of CA$27.5M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are CA$111.6M and CA$59.5M respectively.
Key information
52.7%
Debt to equity ratio
CA$27.47m
Debt
Interest coverage ratio | n/a |
Cash | CA$888.14k |
Equity | CA$52.09m |
Total liabilities | CA$59.54m |
Total assets | CA$111.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BMR's short term assets (CA$5.9M) do not cover its short term liabilities (CA$13.7M).
Long Term Liabilities: BMR's short term assets (CA$5.9M) do not cover its long term liabilities (CA$45.9M).
Debt to Equity History and Analysis
Debt Level: BMR's net debt to equity ratio (51%) is considered high.
Reducing Debt: Insufficient data to determine if BMR's debt to equity ratio has reduced 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: BMR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BMR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.