Adamera Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Adamera Minerals has a total shareholder equity of CA$7.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.5M and CA$1.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$346.76k |
| Equity | CA$7.45m |
| Total liabilities | CA$1.04m |
| Total assets | CA$8.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQM0's short term assets (CA$763.5K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: AQM0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AQM0 is debt free.
Reducing Debt: AQM0 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
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: AQM0 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AQM0 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.