Metallic Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Metallic Minerals has a total shareholder equity of CA$7.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.7M and CA$125.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$700.14k |
| Equity | CA$7.60m |
| Total liabilities | CA$125.48k |
| Total assets | CA$7.73m |
Recent financial health updates
We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully
Mar 07
Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Nov 11Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Jul 20We're Keeping An Eye On Metallic Minerals' (CVE:MMG) Cash Burn Rate
Apr 03Recent updates
We Think Metallic Minerals (CVE:MMG) Needs To Drive Business Growth Carefully
Mar 07Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Nov 11Is Metallic Minerals (CVE:MMG) In A Good Position To Invest In Growth?
Jul 20We're Keeping An Eye On Metallic Minerals' (CVE:MMG) Cash Burn Rate
Apr 03Financial Position Analysis
Short Term Liabilities: MMG's short term assets (CA$2.0M) exceed its short term liabilities (CA$125.5K).
Long Term Liabilities: MMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MMG is debt free.
Reducing Debt: MMG has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
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: MMG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14% each year