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 23Health 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 28Recent 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.