ValOre Metals Balance Sheet Health
Financial Health criteria checks 4/6
ValOre Metals has a total shareholder equity of CA$8.3M and total debt of CA$1.1M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CA$10.6M and CA$2.3M respectively.
Key information
13.7%
Debt to equity ratio
CA$1.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$820.51k |
| Equity | CA$8.31m |
| Total liabilities | CA$2.29m |
| Total assets | CA$10.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEQ0's short term assets (CA$905.7K) do not cover its short term liabilities (CA$2.3M).
Long Term Liabilities: KEQ0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KEQ0's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: KEQ0's debt to equity ratio has increased from 0% to 13.7% 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: KEQ0 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KEQ0 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.