Power Metal Resources Balance Sheet Health
Financial Health criteria checks 6/6
Power Metal Resources has a total shareholder equity of £14.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £15.4M and £885.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£8.29m |
Equity | UK£14.48m |
Total liabilities | UK£885.00k |
Total assets | UK£15.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POW's short term assets (£9.0M) exceed its short term liabilities (£885.0K).
Long Term Liabilities: POW has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: POW is debt free.
Reducing Debt: POW 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: POW has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: POW has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 17.1% each year.