East Africa Metals Balance Sheet Health
Financial Health criteria checks 2/6
East Africa Metals has a total shareholder equity of CA$16.3M and total debt of CA$707.1K, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CA$22.4M and CA$6.1M respectively.
Key information
4.3%
Debt to equity ratio
CA$707.08k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$76.49k |
| Equity | CA$16.34m |
| Total liabilities | CA$6.06m |
| Total assets | CA$22.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFRM.F's short term assets (CA$4.5M) do not cover its short term liabilities (CA$6.1M).
Long Term Liabilities: EFRM.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFRM.F's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: EFRM.F's debt to equity ratio has increased from 1.7% to 4.3% 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: EFRM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EFRM.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.7% each year.