Latin Metals Balance Sheet Health
Financial Health criteria checks 4/6
Latin Metals has a total shareholder equity of CA$4.8M and total debt of CA$693.2K, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CA$5.9M and CA$1.1M respectively.
Key information
14.3%
Debt to equity ratio
CA$693.18k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$224.60k |
| Equity | CA$4.85m |
| Total liabilities | CA$1.07m |
| Total assets | CA$5.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMS's short term assets (CA$267.1K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: LMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMS's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: LMS's debt to equity ratio has increased from 3% to 14.3% 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: LMS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LMS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.