International Battery Metals Balance Sheet Health
Financial Health criteria checks 4/6
International Battery Metals has a total shareholder equity of $19.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $46.5M and $27.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.29m |
| Equity | US$19.33m |
| Total liabilities | US$27.21m |
| Total assets | US$46.54m |
Financial Position Analysis
Short Term Liabilities: IBAT's short term assets ($13.0M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: IBAT's short term assets ($13.0M) do not cover its long term liabilities ($25.7M).
Debt to Equity History and Analysis
Debt Level: IBAT is debt free.
Reducing Debt: IBAT 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: IBAT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IBAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.4% each year