Grid Battery Metals Inc.

TSXV:CELL Stock Report

Market Cap: CA$6.6m

Grid Battery Metals Balance Sheet Health

Financial Health criteria checks 6/6

Grid Battery Metals has a total shareholder equity of CA$8.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.3M and CA$141.2K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$6.07m
EquityCA$8.18m
Total liabilitiesCA$141.20k
Total assetsCA$8.32m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CELL's short term assets (CA$6.2M) exceed its short term liabilities (CA$137.3K).

Long Term Liabilities: CELL's short term assets (CA$6.2M) exceed its long term liabilities (CA$3.9K).


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 is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.


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