Metalla Royalty & Streaming Balance Sheet Health
Financial Health criteria checks 5/6
Metalla Royalty & Streaming has a total shareholder equity of $252.9M and total debt of $15.2M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are $276.0M and $23.1M respectively.
Key information
6.0%
Debt to equity ratio
US$15.19m
Debt
Interest coverage ratio | n/a |
Cash | US$14.11m |
Equity | US$252.89m |
Total liabilities | US$23.14m |
Total assets | US$276.03m |
Recent financial health updates
Metalla Royalty & Streaming (CVE:MTA) Is Making Moderate Use Of Debt
Oct 22Here's Why Metalla Royalty & Streaming (CVE:MTA) Can Afford Some Debt
May 11Metalla Royalty & Streaming (CVE:MTA) Has Debt But No Earnings; Should You Worry?
Mar 31Recent updates
Metalla Royalty & Streaming (CVE:MTA) Is Making Moderate Use Of Debt
Oct 22Here's Why Metalla Royalty & Streaming (CVE:MTA) Can Afford Some Debt
May 11Increases to Metalla Royalty & Streaming Ltd.'s (CVE:MTA) CEO Compensation Might Cool off for now
Jun 17Is Metalla Royalty & Streaming Ltd. (CVE:MTA) Expensive For A Reason? A Look At Its Intrinsic Value
May 19Metalla Royalty & Streaming (CVE:MTA) Has Debt But No Earnings; Should You Worry?
Mar 31Financial Position Analysis
Short Term Liabilities: MTA's short term assets ($17.7M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: MTA's short term assets ($17.7M) exceed its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: MTA's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: MTA's debt to equity ratio has reduced from 13.1% to 6% 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: MTA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MTA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.