Emergent Metals Corp.

OTCPK:EGMC.F Stock Report

Market Cap: US$3.5m

Emergent Metals Balance Sheet Health

Financial Health criteria checks 4/6

Emergent Metals has a total shareholder equity of $827.3K and total debt of $27.8K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $2.6M and $1.8M respectively.

Key information

3.4%

Debt to equity ratio

US$27.75k

Debt

Interest coverage ration/a
CashUS$83.69k
EquityUS$827.31k
Total liabilitiesUS$1.77m
Total assetsUS$2.60m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EGMC.F's short term assets ($191.1K) do not cover its short term liabilities ($1.8M).

Long Term Liabilities: EGMC.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EGMC.F has more cash than its total debt.

Reducing Debt: EGMC.F's debt to equity ratio has increased from 0.2% to 3.4% 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: EGMC.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: EGMC.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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