AuMEGA Metals Balance Sheet Health
Financial Health criteria checks 3/6
AuMEGA Metals has a total shareholder equity of CA$44.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$53.9M and CA$9.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.23m |
| Equity | CA$44.24m |
| Total liabilities | CA$9.61m |
| Total assets | CA$53.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MA30's short term assets (CA$7.3M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: MA30's short term assets (CA$7.3M) do not cover its long term liabilities (CA$7.5M).
Debt to Equity History and Analysis
Debt Level: MA30 is debt free.
Reducing Debt: MA30 has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.
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: MA30 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MA30 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.5% each year