Emergent Metals Balance Sheet Health
Financial Health criteria checks 2/6
Emergent Metals has a total shareholder equity of $1.0M and total debt of $27.0K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are $2.7M and $1.7M respectively.
Key information
2.6%
Debt to equity ratio
US$27.00k
Debt
Interest coverage ratio | n/a |
Cash | US$187.13k |
Equity | US$1.02m |
Total liabilities | US$1.68m |
Total assets | US$2.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMR's short term assets ($313.7K) do not cover its short term liabilities ($1.7M).
Long Term Liabilities: EMR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMR has more cash than its total debt.
Reducing Debt: EMR's debt to equity ratio has increased from 0.2% to 2.6% 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: EMR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EMR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.9% each year