Hannan Metals Balance Sheet Health

Financial Health criteria checks 6/6

Hannan Metals has a total shareholder equity of CA$6.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.0M and CA$329.1K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.23m
EquityCA$6.63m
Total liabilitiesCA$329.09k
Total assetsCA$6.96m

Recent financial health updates

Recent updates

Will Hannan Metals (CVE:HAN) Spend Its Cash Wisely?

Mar 18
Will Hannan Metals (CVE:HAN) Spend Its Cash Wisely?

We're Keeping An Eye On Hannan Metals' (CVE:HAN) Cash Burn Rate

Jan 31
We're Keeping An Eye On Hannan Metals' (CVE:HAN) Cash Burn Rate

We're Interested To See How Hannan Metals (CVE:HAN) Uses Its Cash Hoard To Grow

Jun 08
We're Interested To See How Hannan Metals (CVE:HAN) Uses Its Cash Hoard To Grow

Hannan Metals (CVE:HAN) Is In A Good Position To Deliver On Growth Plans

Jan 18
Hannan Metals (CVE:HAN) Is In A Good Position To Deliver On Growth Plans

Is Hannan Metals (CVE:HAN) In A Good Position To Deliver On Growth Plans?

Oct 02
Is Hannan Metals (CVE:HAN) In A Good Position To Deliver On Growth Plans?

Is Hannan Metals (CVE:HAN) In A Good Position To Invest In Growth?

May 31
Is Hannan Metals (CVE:HAN) In A Good Position To Invest In Growth?

We're Keeping An Eye On Hannan Metals' (CVE:HAN) Cash Burn Rate

Feb 14
We're Keeping An Eye On Hannan Metals' (CVE:HAN) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: HAN's short term assets (CA$1.4M) exceed its short term liabilities (CA$329.1K).

Long Term Liabilities: HAN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: HAN is debt free.

Reducing Debt: HAN has no debt compared to 5 years ago when its debt to equity ratio was 9%.


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: HAN has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: HAN is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.


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