Power Metals Balance Sheet Health
Financial Health criteria checks 6/6
Power Metals has a total shareholder equity of CA$9.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$13.2M and CA$3.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$7.28m |
Equity | CA$9.74m |
Total liabilities | CA$3.42m |
Total assets | CA$13.16m |
Recent financial health updates
We're Hopeful That Power Metals (CVE:PWM) Will Use Its Cash Wisely
Sep 14We Think Power Metals (CVE:PWM) Needs To Drive Business Growth Carefully
May 21Here's Why We're Watching Power Metals' (CVE:PWM) Cash Burn Situation
Feb 04We're Hopeful That Power Metals (CVE:PWM) Will Use Its Cash Wisely
Oct 14Here's Why We're Not At All Concerned With Power Metals' (CVE:PWM) Cash Burn Situation
May 02Recent updates
We're Hopeful That Power Metals (CVE:PWM) Will Use Its Cash Wisely
Sep 14We Think Power Metals (CVE:PWM) Needs To Drive Business Growth Carefully
May 21Here's Why We're Watching Power Metals' (CVE:PWM) Cash Burn Situation
Feb 04We're Hopeful That Power Metals (CVE:PWM) Will Use Its Cash Wisely
Oct 14Here's Why We're Not At All Concerned With Power Metals' (CVE:PWM) Cash Burn Situation
May 02Financial Position Analysis
Short Term Liabilities: PWM's short term assets (CA$7.7M) exceed its short term liabilities (CA$3.4M).
Long Term Liabilities: PWM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PWM is debt free.
Reducing Debt: PWM has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
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: PWM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PWM has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 31.1% each year.