Metalla Royalty & Streaming Balance Sheet Health
Financial Health criteria checks 4/6
Metalla Royalty & Streaming has a total shareholder equity of $252.2M and total debt of $13.1M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $268.7M and $16.5M respectively.
Key information
5.2%
Debt to equity ratio
US$13.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.22m |
| Equity | US$252.24m |
| Total liabilities | US$16.48m |
| Total assets | US$268.71m |
Financial Position Analysis
Short Term Liabilities: MTA's short term assets ($12.3M) do not cover its short term liabilities ($13.8M).
Long Term Liabilities: MTA's short term assets ($12.3M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: MTA's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: MTA's debt to equity ratio has reduced from 7.1% to 5.2% 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:55 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Metalla Royalty & Streaming Ltd. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Carey MacRury | Canaccord Genuity |
| null null | Cantor Fitzgerald Canada Corporation |