Euro Manganese Balance Sheet Health
Financial Health criteria checks 5/6
Euro Manganese has a total shareholder equity of CA$24.7M and total debt of CA$25.7M, which brings its debt-to-equity ratio to 104.1%. Its total assets and total liabilities are CA$55.2M and CA$30.5M respectively.
Key information
104.1%
Debt to equity ratio
CA$25.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.29m |
| Equity | CA$24.73m |
| Total liabilities | CA$30.50m |
| Total assets | CA$55.22m |
Recent financial health updates
We're A Little Worried About Euro Manganese's (CVE:EMN) Cash Burn Rate
Jan 26
We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth Carefully
Oct 12We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth Carefully
Jun 26Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn Situation
Jan 15Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn Situation
May 18Euro Manganese (CVE:EMN) Is In A Good Position To Deliver On Growth Plans
Dec 31Recent updates
We're A Little Worried About Euro Manganese's (CVE:EMN) Cash Burn Rate
Jan 26We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth Carefully
Oct 12We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth Carefully
Jun 26Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn Situation
Jan 15Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn Situation
May 18Euro Manganese (CVE:EMN) Is In A Good Position To Deliver On Growth Plans
Dec 31We Think Euro Manganese (CVE:EMN) Can Afford To Drive Business Growth
Sep 16Financial Position Analysis
Short Term Liabilities: EMN's short term assets (CA$26.8M) exceed its short term liabilities (CA$4.8M).
Long Term Liabilities: EMN's short term assets (CA$26.8M) exceed its long term liabilities (CA$25.7M).
Debt to Equity History and Analysis
Debt Level: EMN's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: EMN's debt to equity ratio has increased from 0% to 104.1% 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: EMN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EMN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 19.2% each year.