East Africa Metals Balance Sheet Health
Financial Health criteria checks 4/6
East Africa Metals has a total shareholder equity of CA$16.3M and total debt of CA$649.0K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CA$22.2M and CA$5.9M respectively.
Key information
4.0%
Debt to equity ratio
CA$649.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$30.57k |
Equity | CA$16.35m |
Total liabilities | CA$5.88m |
Total assets | CA$22.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAM's short term assets (CA$4.6M) do not cover its short term liabilities (CA$5.9M).
Long Term Liabilities: EAM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EAM's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: EAM's debt to equity ratio has increased from 1.6% to 4% 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: EAM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EAM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.