Battery Mineral Resources Balance Sheet Health
Financial Health criteria checks 0/6
Battery Mineral Resources has a total shareholder equity of CA$45.2M and total debt of CA$34.3M, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are CA$114.7M and CA$69.5M respectively.
Key information
75.9%
Debt to equity ratio
CA$34.29m
Debt
Interest coverage ratio | n/a |
Cash | CA$7.67m |
Equity | CA$45.15m |
Total liabilities | CA$69.50m |
Total assets | CA$114.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTRM.F's short term assets (CA$12.4M) do not cover its short term liabilities (CA$40.9M).
Long Term Liabilities: BTRM.F's short term assets (CA$12.4M) do not cover its long term liabilities (CA$28.6M).
Debt to Equity History and Analysis
Debt Level: BTRM.F's net debt to equity ratio (59%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTRM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year