Battery Mineral Resources Corp.

TSXV:BMR Stock Report

Market Cap: CA$18.1m

Battery Mineral Resources Balance Sheet Health

Financial Health criteria checks 3/6

Battery Mineral Resources has a total shareholder equity of CA$56.1M and total debt of CA$23.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CA$109.1M and CA$53.0M respectively.

Key information

41.1%

Debt to equity ratio

CA$23.05m

Debt

Interest coverage ration/a
CashCA$889.92k
EquityCA$56.12m
Total liabilitiesCA$53.02m
Total assetsCA$109.14m

Recent financial health updates

No updates

Recent updates

Battery Mineral Resources Corp.'s (CVE:BMR) Share Price Not Quite Adding Up

Feb 01
Battery Mineral Resources Corp.'s (CVE:BMR) Share Price Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: BMR's short term assets (CA$4.9M) do not cover its short term liabilities (CA$25.5M).

Long Term Liabilities: BMR's short term assets (CA$4.9M) do not cover its long term liabilities (CA$27.6M).


Debt to Equity History and Analysis

Debt Level: BMR's net debt to equity ratio (39.5%) is considered satisfactory.

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.


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