Osisko Metals Balance Sheet Health
Financial Health criteria checks 3/6
Osisko Metals has a total shareholder equity of CA$98.3M and total debt of CA$36.8M, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are CA$141.5M and CA$43.2M respectively. Osisko Metals's EBIT is CA$282.2K making its interest coverage ratio 0.1. It has cash and short-term investments of CA$2.5M.
Key information
37.4%
Debt to equity ratio
CA$36.78m
Debt
| Interest coverage ratio | 0.05x |
| Cash | CA$2.51m |
| Equity | CA$98.26m |
| Total liabilities | CA$43.25m |
| Total assets | CA$141.51m |
Recent financial health updates
Would Osisko Metals (CVE:OM) Be Better Off With Less Debt?
Aug 15
Here's Why Osisko Metals (CVE:OM) Can Afford Some Debt
Dec 22Osisko Metals (CVE:OM) Is Making Moderate Use Of Debt
Mar 31Here's Why We're Watching Osisko Metals' (CVE:OM) Cash Burn Situation
Aug 15Recent updates
Would Osisko Metals (CVE:OM) Be Better Off With Less Debt?
Aug 15Here's Why Osisko Metals (CVE:OM) Can Afford Some Debt
Dec 22Osisko Metals (CVE:OM) Is Making Moderate Use Of Debt
Mar 31Here's Why We're Watching Osisko Metals' (CVE:OM) Cash Burn Situation
Aug 15Chairman & CEO Robert Wares Just Bought 1.1% More Shares In Osisko Metals Incorporated (CVE:OM)
Mar 15Financial Position Analysis
Short Term Liabilities: OM's short term assets (CA$3.3M) do not cover its short term liabilities (CA$39.0M).
Long Term Liabilities: OM's short term assets (CA$3.3M) do not cover its long term liabilities (CA$4.2M).
Debt to Equity History and Analysis
Debt Level: OM's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: OM's debt to equity ratio has increased from 0% to 37.4% 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: OM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OM is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.