Electra Battery Materials Balance Sheet Health
Financial Health criteria checks 0/6
Electra Battery Materials has a total shareholder equity of CA$74.5M and total debt of CA$52.8M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are CA$149.3M and CA$74.9M respectively.
Key information
70.9%
Debt to equity ratio
CA$52.79m
Debt
Interest coverage ratio | n/a |
Cash | CA$6.41m |
Equity | CA$74.46m |
Total liabilities | CA$74.87m |
Total assets | CA$149.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UVX's short term assets (CA$8.9M) do not cover its short term liabilities (CA$63.5M).
Long Term Liabilities: 0UVX's short term assets (CA$8.9M) do not cover its long term liabilities (CA$11.4M).
Debt to Equity History and Analysis
Debt Level: 0UVX's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: 0UVX's debt to equity ratio has increased from 0% to 70.9% 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: 0UVX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0UVX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.7% each year