Strategic Metals Balance Sheet Health
Financial Health criteria checks 5/6
Strategic Metals has a total shareholder equity of CA$87.0M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CA$93.2M and CA$6.2M respectively.
Key information
0.07%
Debt to equity ratio
CA$60.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$7.19m |
Equity | CA$87.05m |
Total liabilities | CA$6.19m |
Total assets | CA$93.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMD's short term assets (CA$7.3M) exceed its short term liabilities (CA$442.0K).
Long Term Liabilities: SMD's short term assets (CA$7.3M) exceed its long term liabilities (CA$5.7M).
Debt to Equity History and Analysis
Debt Level: SMD has more cash than its total debt.
Reducing Debt: SMD's debt to equity ratio has increased from 0% to 0.07% 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: SMD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SMD has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.3% each year