Electric Metals (USA) Balance Sheet Health
Financial Health criteria checks 3/6
Electric Metals (USA) has a total shareholder equity of $12.5M and total debt of $83.8K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $13.8M and $1.3M respectively.
Key information
0.7%
Debt to equity ratio
US$83.77k
Debt
Interest coverage ratio | n/a |
Cash | US$1.86m |
Equity | US$12.47m |
Total liabilities | US$1.31m |
Total assets | US$13.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EML's short term assets ($2.0M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: EML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EML has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EML'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: EML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48% each year