New Age Metals Balance Sheet Health
Financial Health criteria checks 6/6
New Age Metals has a total shareholder equity of CA$13.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.4M and CA$789.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.06m |
| Equity | CA$13.58m |
| Total liabilities | CA$789.57k |
| Total assets | CA$14.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P7J's short term assets (CA$3.8M) exceed its short term liabilities (CA$697.7K).
Long Term Liabilities: P7J's short term assets (CA$3.8M) exceed its long term liabilities (CA$91.9K).
Debt to Equity History and Analysis
Debt Level: P7J is debt free.
Reducing Debt: P7J has not had any debt for 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: P7J has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: P7J has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 9.3% each year.