Grid Battery Metals Balance Sheet Health
Financial Health criteria checks 6/6
Grid Battery Metals has a total shareholder equity of CA$8.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.4M and CA$108.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$6.79m |
Equity | CA$8.28m |
Total liabilities | CA$108.21k |
Total assets | CA$8.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W47's short term assets (CA$6.9M) exceed its short term liabilities (CA$100.8K).
Long Term Liabilities: W47's short term assets (CA$6.9M) exceed its long term liabilities (CA$7.5K).
Debt to Equity History and Analysis
Debt Level: W47 is debt free.
Reducing Debt: W47 had no debt 5 years ago.
Debt Coverage: W47 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: W47 has no debt, therefore coverage of interest payments is not a concern.