European Electric Metals Balance Sheet Health
Financial Health criteria checks 6/6
European Electric Metals has a total shareholder equity of CA$132.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$553.7K and CA$421.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$544.35k |
| Equity | CA$131.98k |
| Total liabilities | CA$421.75k |
| Total assets | CA$553.73k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVX's short term assets (CA$553.7K) exceed its short term liabilities (CA$421.8K).
Long Term Liabilities: EVX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EVX is debt free.
Reducing Debt: EVX had no debt 5 years ago.
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: EVX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EVX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 35.5% each year