MegaWatt Lithium and Battery Metals Corp.

DB:WR2 Stock Report

Market Cap: €361.9k

MegaWatt Lithium and Battery Metals Balance Sheet Health

Financial Health criteria checks 3/6

MegaWatt Lithium and Battery Metals has a total shareholder equity of CA$4.0M and total debt of CA$80.8K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CA$4.5M and CA$486.8K respectively.

Key information

2.0%

Debt to equity ratio

CA$80.79k

Debt

Interest coverage ration/a
CashCA$78.26k
EquityCA$4.01m
Total liabilitiesCA$486.82k
Total assetsCA$4.50m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WR2's short term assets (CA$169.0K) do not cover its short term liabilities (CA$486.8K).

Long Term Liabilities: WR2 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WR2's net debt to equity ratio (0.06%) is considered satisfactory.

Reducing Debt: WR2's debt to equity ratio has reduced from 15.4% to 2% 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: WR2 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WR2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.7% each year


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