Battery Mineral Resources Balance Sheet Health
Financial Health criteria checks 2/6
Battery Mineral Resources has a total shareholder equity of CA$43.3M and total debt of CA$36.4M, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are CA$119.2M and CA$75.8M respectively.
Key information
83.9%
Debt to equity ratio
CA$36.36m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.82m |
| Equity | CA$43.32m |
| Total liabilities | CA$75.84m |
| Total assets | CA$119.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTRM.F's short term assets (CA$8.0M) do not cover its short term liabilities (CA$46.6M).
Long Term Liabilities: BTRM.F's short term assets (CA$8.0M) do not cover its long term liabilities (CA$29.2M).
Debt to Equity History and Analysis
Debt Level: BTRM.F's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: Insufficient data to determine if BTRM.F's debt to equity ratio has reduced 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: BTRM.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BTRM.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.