Visionary Metals Balance Sheet Health
Financial Health criteria checks 5/6
Visionary Metals has a total shareholder equity of CA$3.9M and total debt of CA$101.1K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CA$4.5M and CA$588.6K respectively.
Key information
2.6%
Debt to equity ratio
CA$101.06k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$241.44k |
| Equity | CA$3.90m |
| Total liabilities | CA$588.62k |
| Total assets | CA$4.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 339's short term assets (CA$271.1K) do not cover its short term liabilities (CA$527.6K).
Long Term Liabilities: 339's short term assets (CA$271.1K) exceed its long term liabilities (CA$61.0K).
Debt to Equity History and Analysis
Debt Level: 339 has more cash than its total debt.
Reducing Debt: 339 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 339 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 339 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.