Empire Metals Balance Sheet Health

Financial Health criteria checks 6/6

Empire Metals has a total shareholder equity of £8.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.2M and £239.3K respectively.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ration/a
CashUK£3.14m
EquityUK£8.92m
Total liabilitiesUK£239.31k
Total assetsUK£9.16m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: A2PZ2M's short term assets (£3.4M) exceed its short term liabilities (£239.3K).

Long Term Liabilities: A2PZ2M has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: A2PZ2M is debt free.

Reducing Debt: A2PZ2M 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: A2PZ2M has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: A2PZ2M has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 19.7% each year.


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