Europa Metals Balance Sheet Health
Financial Health criteria checks 4/6
Europa Metals has a total shareholder equity of A$6.0K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$316.7K and A$310.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$252.08k |
| Equity | AU$5.98k |
| Total liabilities | AU$310.77k |
| Total assets | AU$316.75k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WRE1's short term assets (A$316.7K) exceed its short term liabilities (A$310.8K).
Long Term Liabilities: WRE1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WRE1 is debt free.
Reducing Debt: WRE1 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: WRE1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WRE1 has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.7% each year.