Denarius Metals Balance Sheet Health
Financial Health criteria checks 2/6
Denarius Metals has a total shareholder equity of $33.5M and total debt of $32.4M, which brings its debt-to-equity ratio to 96.6%. Its total assets and total liabilities are $97.3M and $63.8M respectively.
Key information
96.6%
Debt to equity ratio
US$32.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.80m |
| Equity | US$33.50m |
| Total liabilities | US$63.85m |
| Total assets | US$97.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNRS.F's short term assets ($4.4M) do not cover its short term liabilities ($58.1M).
Long Term Liabilities: DNRS.F's short term assets ($4.4M) do not cover its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: DNRS.F's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: Insufficient data to determine if DNRS.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: DNRS.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DNRS.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.