Metalore Resources Balance Sheet Health
Financial Health criteria checks 6/6
Metalore Resources has a total shareholder equity of CA$6.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.1M and CA$871.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.07m |
| Equity | CA$6.20m |
| Total liabilities | CA$871.71k |
| Total assets | CA$7.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTLR.F's short term assets (CA$5.2M) exceed its short term liabilities (CA$37.6K).
Long Term Liabilities: MTLR.F's short term assets (CA$5.2M) exceed its long term liabilities (CA$834.1K).
Debt to Equity History and Analysis
Debt Level: MTLR.F is debt free.
Reducing Debt: MTLR.F has not had any debt for 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: MTLR.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MTLR.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 0.9% each year