Empire Metals Balance Sheet Health
Financial Health criteria checks 3/6
Empire Metals has a total shareholder equity of £5.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £5.4M and £256.4K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.41m |
Equity | UK£5.13m |
Total liabilities | UK£256.45k |
Total assets | UK£5.39m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EEE's short term assets (£1.7M) exceed its short term liabilities (£256.4K).
Long Term Liabilities: EEE's short term assets (£1.7M) do not cover its long term liabilities (£-1.0).
Debt to Equity History and Analysis
Debt Level: EEE is debt free.
Reducing Debt: EEE 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: Insufficient data to determine if EEE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EEE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.