Velox Energy Materials Inc.

DB:OJ4 Stock Report

Market Cap: €9.3m

Velox Energy Materials Balance Sheet Health

Financial Health criteria checks 4/6

Velox Energy Materials has a total shareholder equity of CA$6.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.8M and CA$300.8K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.28m
EquityCA$6.48m
Total liabilitiesCA$300.82k
Total assetsCA$6.78m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: OJ4's short term assets (CA$1.4M) exceed its short term liabilities (CA$300.8K).

Long Term Liabilities: OJ4 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OJ4 is debt free.

Reducing Debt: OJ4 had no debt 5 years ago.


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: OJ4 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OJ4 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.8% each year


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