Surge Battery Metals Balance Sheet Health
Financial Health criteria checks 5/6
Surge Battery Metals has a total shareholder equity of CA$15.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$16.0M and CA$787.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$8.80m |
Equity | CA$15.18m |
Total liabilities | CA$787.31k |
Total assets | CA$15.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NILI's short term assets (CA$9.6M) exceed its short term liabilities (CA$787.3K).
Long Term Liabilities: NILI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NILI is debt free.
Reducing Debt: NILI had no debt 5 years ago.
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: NILI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NILI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.5% each year