Fuse Battery Metals Balance Sheet Health

Financial Health criteria checks 4/6

Fuse Battery Metals has a total shareholder equity of CA$5.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.3M and CA$93.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$372.75k
Equity	CA$5.25m
Total liabilities	CA$93.64k
Total assets	CA$5.25m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FUSE's short term assets (CA$409.9K) exceed its short term liabilities (CA$93.6K).

Long Term Liabilities: FUSE has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FUSE is debt free.

Reducing Debt: FUSE has not had any debt for 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: FUSE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FUSE has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.2% each year.

Fuse Battery Metals Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

New major risk - Financial position

Fuse Battery Metals Inc., Annual General Meeting, Mar 28, 2024

Fuse Battery Metals Completes Phase 1 of its Exploration Plan at the Monitor Valley Nevada Lithium Project

Fuse Battery Metals Inc. (TSXV:FUSE) entered into an agreement to acquire 108 Placer Claims in Washoe County, Nevada from Malcolm J. Bell for $0.06 million.

Fuse Cobalt Inc. Announces Changes to Board of Directors

Fuse Cobalt Inc. announced that it has received CAD 1.5 million in funding

Fuse Cobalt Inc. Reports Assay Results Pending from Exploration Drilling At Glencore Bucke Project, Cobalt, Ontario

Fuse Cobalt Inc. announced that it expects to receive CAD 1.5 million in funding

Less than half of directors are independent

Fuse Cobalt Inc. Appoints Tim Fernback to Its Board of Directors

Fuse Cobalt Awaiting Assays from Exploration Drilling At Glencore Bucke Project, Cobalt, Ontario

Fuse Cobalt Inc. Begins Preparation for its Diamond Drill Program at Glencore Bucke Project, in Cobalt, Ontario

Fuse Cobalt Inc. Announces Successful Completion of Induced Polarization Survey At Glencore/Bucke Project, Cobalt, Ontario

Fuse Cobalt Inc. Appoints Gerhard Kiessling, P. Geo to Strategic Advisory Board

Fuse Cobalt Initiates $500,000 Exploration Program Targeting Significant Cobalt Mineralization

Fuse Cobalt Inc. Appoints James Hellwarth to Advisory Board

Fuse Cobalt Inc. Appoints Matthew Halliday to Its Strategic Advisory Board

Fuse Cobalt Inc. Appoints Mr. Frank Basa as Strategic Advisory Board

Fuse Cobalt Inc. Appoints Greg Reimer as Chairman of its Board of Directors

Fuse Cobalt Inc. Announces Board Changes

High number of new and inexperienced directors

Fuse Cobalt Inc. announced that it has received CAD 1.645 million in funding

Corporate Secretary recently sold CA$88k worth of stock

New 90-day high: CA$0.26

Fuse Cobalt to Investigate Potential for Lithium Clay Deposits At Teels Marsh, Nevada

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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