Metis Energy Balance Sheet Health
Financial Health criteria checks 3/6
Metis Energy has a total shareholder equity of SGD87.7M and total debt of SGD15.8M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are SGD167.1M and SGD79.3M respectively.
Key information
18.0%
Debt to equity ratio
S$15.78m
Debt
| Interest coverage ratio | n/a |
| Cash | S$39.30m |
| Equity | S$87.71m |
| Total liabilities | S$79.35m |
| Total assets | S$167.05m |
Recent financial health updates
Metis Energy (SGX:L02) Has Debt But No Earnings; Should You Worry?
Apr 23
Health Check: How Prudently Does Metis Energy (SGX:L02) Use Debt?
Aug 15Is Metis Energy (SGX:L02) A Risky Investment?
Apr 23Here's Why We're Not Too Worried About Manhattan Resources' (SGX:L02) Cash Burn Situation
Dec 28
Recent updates
Metis Energy (SGX:L02) Has Debt But No Earnings; Should You Worry?
Apr 23Why We're Not Concerned Yet About Metis Energy Limited's (SGX:L02) 27% Share Price Plunge
Nov 22Health Check: How Prudently Does Metis Energy (SGX:L02) Use Debt?
Aug 15Is Metis Energy (SGX:L02) A Risky Investment?
Apr 23Manhattan Resources' (SGX:L02) Robust Earnings Are Not All Good News For Shareholders
Mar 07The Manhattan Resources (SGX:L02) Share Price Is Up 65% And Shareholders Are Holding On
Feb 24Here's Why We're Not Too Worried About Manhattan Resources' (SGX:L02) Cash Burn Situation
Dec 28Financial Position Analysis
Short Term Liabilities: L02's short term assets (SGD55.4M) exceed its short term liabilities (SGD6.2M).
Long Term Liabilities: L02's short term assets (SGD55.4M) do not cover its long term liabilities (SGD73.2M).
Debt to Equity History and Analysis
Debt Level: L02 has more cash than its total debt.
Reducing Debt: L02's debt to equity ratio has increased from 0% to 18% 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: L02 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: L02 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 48.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Metis Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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