Critical Metals Balance Sheet Health
Financial Health criteria checks 3/6
Critical Metals has a total shareholder equity of £1.4M and total debt of £823.3K, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are £4.4M and £3.0M respectively.
Key information
57.7%
Debt to equity ratio
UK£823.34k
Debt
Interest coverage ratio | n/a |
Cash | UK£66.26k |
Equity | UK£1.43m |
Total liabilities | UK£2.99m |
Total assets | UK£4.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRTM's short term assets (£207.1K) do not cover its short term liabilities (£3.0M).
Long Term Liabilities: CRTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRTM's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: Insufficient data to determine if CRTM's debt to equity ratio has reduced 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: CRTM has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRTM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.