Electra Battery Materials Financial Health
How is Electra Battery Materials's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ELBM's short term assets (CA$25.7M) exceed its short term liabilities (CA$8.7M).
Long Term Liabilities: ELBM's short term assets (CA$25.7M) do not cover its long term liabilities (CA$50.1M).
Debt to Equity History and Analysis
Debt Level: ELBM's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: ELBM's debt to equity ratio has increased from 0% to 25.1% over the past 5 years.
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: ELBM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ELBM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.