Global Energy Metals Balance Sheet Health
Financial Health criteria checks 6/6
Global Energy Metals has a total shareholder equity of CA$4.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.5M and CA$421.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$810.32k |
Equity | CA$4.07m |
Total liabilities | CA$421.81k |
Total assets | CA$4.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5GE2's short term assets (CA$819.2K) exceed its short term liabilities (CA$421.8K).
Long Term Liabilities: 5GE2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5GE2 is debt free.
Reducing Debt: 5GE2 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: Whilst unprofitable 5GE2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5GE2 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.5% per year.