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.