Capital Metals Balance Sheet Health
Financial Health criteria checks 5/6
Capital Metals has a total shareholder equity of $4.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.5M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$501.23k |
Equity | US$4.14m |
Total liabilities | US$1.33m |
Total assets | US$5.47m |
Financial Position Analysis
Short Term Liabilities: CMET's short term assets ($610.3K) do not cover its short term liabilities ($731.2K).
Long Term Liabilities: CMET's short term assets ($610.3K) exceed its long term liabilities ($600.0K).
Debt to Equity History and Analysis
Debt Level: CMET is debt free.
Reducing Debt: CMET 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: CMET has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CMET is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.