BeMetals Balance Sheet Health
Financial Health criteria checks 3/6
BeMetals has a total shareholder equity of CA$20.8M and total debt of CA$9.3M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CA$30.3M and CA$9.6M respectively.
Key information
44.9%
Debt to equity ratio
CA$9.34m
Debt
Interest coverage ratio | n/a |
Cash | CA$608.36k |
Equity | CA$20.78m |
Total liabilities | CA$9.56m |
Total assets | CA$30.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMTL.F's short term assets (CA$983.7K) exceed its short term liabilities (CA$211.6K).
Long Term Liabilities: BMTL.F's short term assets (CA$983.7K) do not cover its long term liabilities (CA$9.4M).
Debt to Equity History and Analysis
Debt Level: BMTL.F's net debt to equity ratio (42%) is considered high.
Reducing Debt: BMTL.F's debt to equity ratio has increased from 0% to 44.9% 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: BMTL.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BMTL.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.