Surge Battery Metals Balance Sheet Health
Financial Health criteria checks 4/6
Surge Battery Metals has a total shareholder equity of CA$15.5M 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$510.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.80m |
| Equity | CA$15.52m |
| Total liabilities | CA$510.54k |
| Total assets | CA$16.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NILI's short term assets (CA$5.0M) exceed its short term liabilities (CA$510.5K).
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 less than a year of cash runway 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 37.8% each year