Metalla Royalty & Streaming Balance Sheet Health
Financial Health criteria checks 4/6
Metalla Royalty & Streaming has a total shareholder equity of $252.8M and total debt of $12.5M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are $270.6M and $17.8M respectively.
Key information
4.9%
Debt to equity ratio
US$12.51m
Debt
Interest coverage ratio | n/a |
Cash | US$10.99m |
Equity | US$252.81m |
Total liabilities | US$17.80m |
Total assets | US$270.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTA's short term assets ($13.0M) do not cover its short term liabilities ($15.2M).
Long Term Liabilities: MTA's short term assets ($13.0M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: MTA's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: MTA's debt to equity ratio has reduced from 5.8% to 4.9% 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: MTA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MTA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.