Metal Energy Balance Sheet Health
Financial Health criteria checks 3/6
Metal Energy has a total shareholder equity of CA$889.1K and total debt of CA$3.3K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CA$940.1K and CA$51.0K respectively.
Key information
0.4%
Debt to equity ratio
CA$3.25k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$882.18k |
| Equity | CA$889.12k |
| Total liabilities | CA$50.96k |
| Total assets | CA$940.08k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERG's short term assets (CA$940.1K) exceed its short term liabilities (CA$51.0K).
Long Term Liabilities: MERG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MERG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MERG's debt to equity ratio has reduced 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: MERG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MERG has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.9% each year.