East Africa Metals Balance Sheet Health
Financial Health criteria checks 2/6
East Africa Metals has a total shareholder equity of CA$17.0M and total debt of CA$687.3K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CA$23.0M and CA$5.9M respectively.
Key information
4.0%
Debt to equity ratio
CA$687.34k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$291.51k |
| Equity | CA$17.05m |
| Total liabilities | CA$5.93m |
| Total assets | CA$22.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA1's short term assets (CA$4.8M) do not cover its short term liabilities (CA$5.9M).
Long Term Liabilities: EA1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EA1's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: EA1's debt to equity ratio has increased from 1.7% to 4% over the 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: EA1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EA1 has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.5% each year.