Hannan Metals Balance Sheet Health
Financial Health criteria checks 6/6
Hannan Metals has a total shareholder equity of CA$10.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.4M and CA$337.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.61m |
| Equity | CA$10.07m |
| Total liabilities | CA$336.98k |
| Total assets | CA$10.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C8MQ's short term assets (CA$3.7M) exceed its short term liabilities (CA$337.0K).
Long Term Liabilities: C8MQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: C8MQ is debt free.
Reducing Debt: C8MQ has no debt compared to 5 years ago when its debt to equity ratio was 9%.
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: C8MQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: C8MQ has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 6.4% each year.