Transition Metals Balance Sheet Health
Financial Health criteria checks 6/6
Transition Metals has a total shareholder equity of CA$2.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.9M and CA$231.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.64m |
Equity | CA$2.71m |
Total liabilities | CA$231.01k |
Total assets | CA$2.94m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: XTM's short term assets (CA$2.0M) exceed its short term liabilities (CA$231.0K).
Long Term Liabilities: XTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XTM is debt free.
Reducing Debt: XTM has not had any debt for 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: XTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XTM has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 17.7% each year.