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 ratio | n/a |
Cash | CA$889.92k |
Equity | CA$56.12m |
Total liabilities | CA$53.02m |
Total assets | CA$109.14m |
Recent financial health updates
No updates
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.