Grid Battery Metals Balance Sheet Health
Financial Health criteria checks 6/6
Grid Battery Metals has a total shareholder equity of CA$7.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.7M and CA$210.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.20m |
| Equity | CA$7.46m |
| Total liabilities | CA$209.98k |
| Total assets | CA$7.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CELL's short term assets (CA$5.2M) exceed its short term liabilities (CA$208.8K).
Long Term Liabilities: CELL's short term assets (CA$5.2M) exceed its long term liabilities (CA$1.2K).
Debt to Equity History and Analysis
Debt Level: CELL is debt free.
Reducing Debt: CELL 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: CELL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CELL has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 25.4% each year.