Namibia Critical Metals Balance Sheet Health
Financial Health criteria checks 5/6
Namibia Critical Metals has a total shareholder equity of CA$24.2M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$25.7M and CA$1.5M respectively.
Key information
0.2%
Debt to equity ratio
CA$40.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.25m |
| Equity | CA$24.19m |
| Total liabilities | CA$1.51m |
| Total assets | CA$25.70m |
Financial Position Analysis
Short Term Liabilities: NMI's short term assets (CA$1.5M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: NMI's short term assets (CA$1.5M) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: NMI has more cash than its total debt.
Reducing Debt: NMI's debt to equity ratio has increased from 0% to 0.2% 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: Whilst unprofitable NMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NMI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.8% per year.