Metalex Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Metalex Ventures has a total shareholder equity of CA$5.1M 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$2.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$304.84k |
| Equity | CA$5.10m |
| Total liabilities | CA$2.57m |
| Total assets | CA$7.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTX's short term assets (CA$386.3K) do not cover its short term liabilities (CA$2.6M).
Long Term Liabilities: MTX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTX is debt free.
Reducing Debt: MTX has not had any debt for 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: MTX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MTX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.7% each year