Emerita Resources Balance Sheet Health

Financial Health criteria checks 4/6

Emerita Resources has a total shareholder equity of CA$7.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.3M and CA$932.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$4.16m
Equity	CA$7.40m
Total liabilities	CA$932.60k
Total assets	CA$8.33m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EMOT.F's short term assets (CA$7.7M) exceed its short term liabilities (CA$932.6K).

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

Debt to Equity History and Analysis

Debt Level: EMOT.F is debt free.

Reducing Debt: EMOT.F has no debt compared to 5 years ago when its debt to equity ratio was 96.7%.

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: EMOT.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EMOT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.7% each year

Emerita Resources Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Emerita Discovers New Gold-Silver Rich Gossans At Its Nuevo Tintillo Project

Emerita Resources Corp. Intersects 11.4m of Massive Sulfide Grading 4.3% Copper, 48.31 g/t Silver and 1.85 g/t Gold At El Cura, Extending the Deposit At Depth

Emerita Resources Corp. Intersects 11.4m of Massive Sulfide At El Cura, Extending the Mineral Deposit 60M Down Dip

Emerita Resources Corp. Provides Results for Phase I Metallurgical Testing Program at Iberian Belt West Project

Emerita Resources Corp. announced that it has received CAD 5 million in funding

Emerita Resources Corp. Provides an Update on the Ongoing Metallurgical Testing Program and Provide Test Results

Emerita Resources Corp. announced that it expects to receive CAD 5 million in funding

Emerita Resources Corp. Appoints Jorge A. Blanco Avilés as Director of Metallurgy

Emerita Resources Corp. Provides Initial Drill Results for the El Cura Deposit, Iberian Belt West Project, Spain

Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

Emerita Resources Corp. Announces Additional Drilling Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Planned Drilling Program At Nuevo Tintillo Project, Spain

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program at La Romanera Deposit

Emerita Resources Corp. Files Ni 43-101 Technical Report on the Ibw Project

Emerita Resources Corp. announced that it expects to receive CAD 8 million in funding

Emerita Resources Corp. Announces Maiden Independent NI 43-101 Compliant Resource Estimate Based on Drill Results from the 2022-23 Resource Delineation Drilling Program At La Romanera and La Infanta Deposits

Emerita Resources Corp Intersects 4.2 Meters Grading 1.4 % Copper; 6.9 % Lead; 14.7 % Zinc; 0.31 g/t Gold and 63.7 g/t Silver, at La Infanta Deposit and Granted Permit to Further Explore IBW with Addition of Infanta Sur

Emerita Resources Corp. Announces Additional Assay Results from Ongoing Delineation Drilling Program at La Romanera Deposit

Emerita Resources Corp. Applies to Expand Highly Prospective Nuevo Tintillo Exploration Property, Andalusia Region Spain

Emerita Resources Corp. Announces Assay Results from 12 Additional Drill Holes from the 2022 - 2023 Delineation Drilling Program At La Romanera Deposit

Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 G/T Gold and 156.3 G/T Silver At La Romanera Deposit

Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from 2022 Delineation Drilling at La Romanera Deposit at its Wholly Owned Iberian Belt West Project

Emerita Resources Corp. Reports Latest Drill Results and Adds 14Th Drill Rig At La Romanera

Emerita Continues to Expand La Romanera Deposit, Intersects 30 Meters Grading 3.0 G/T Gold, 67.6 G/T Silver Including 7.5 Meters Grading 7.2 G/T Gold, 41.6 G/T Silver

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Delineation Drilling At the La Romanera Deposit At Its Wholly Owned Iberian Belt West Project

Emerita Extends La Romanera Deposit At Depth, Intersects 15.1 Meters Grading 6.6% Zinc, 1.3% Lead, 0.3% Copper in Deepest Intercept on the Deposit to Date

Emerita Announces Drill Results and Increases Number of Drills to 10 Rigs At the Iberia Belt West Project

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Delineation Drilling of the Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Exploration Drilling at its Iberian Belt West (IBW) Project

Emerita Resources Corp. Announces Results of Airborne Survey At Nuevo Tintillo Project, Spain

Emerita Resources Corp. Intersects 2.77 g/t Gold, 65.9 g/t Silver 8.2% Zinc, 3.2% Lead 0.5% Copper over 24.3 Meters at the Romanera Deposit

Emerita Intersects 7.61 g/t Gold, 311.1 g/t Silver, 3.0% Zinc, 2.9% Lead, 0.4% Copper Over 14.3 Meters in First Hole Completed at the Romanera Deposit

Emerita Resources Corp. Announces Completion of First Hole Through the Romanera Deposit At Its Wholly-Owned Iberia Belt West Project

Emerita Resources Corp., Annual General Meeting, Jul 21, 2022

Emerita Resources Corp. Accelerates Diamond Drill Program At Romanera Deposit and Increases Program to 70,000 Meters

Emerita Resources Receives Approval for La Romanera and El Cura Deposit Drilling, Four Diamond Drills Commencing on Romanera

Emerita Resources Corp. Permits for the Romanera and El Cura Deposit Diamond Drill Program At Its Wholly Owned Iberia Belt West Project

Emerita Resources Corp. Provides Update on Permitting Process for Romanera and El Cura Deposits

Emerita Resources Corp. Emerita Provides Update on Permitting Process for Romanera and El Cura Deposits and Operational Update

Emerita Provides Corporate Update and Recent Drill Results from IBW Project

Emerita Resources Corp. Reports Andalucian Environment Department in Huelva Province Publishes Resolution Approving Drilling West Side of IBW Project Including Romanera Deposit

Emerita Resources Corp. Intersects High Grades in Drill Hole In003 At the Infanta Deposit in Huelva Province, Spain

Emerita Resources Corp. Receives Complete Assays for the First Two Drill Holes from the Infanta Drill Program

Emerita Resources Corp. announced that it has received CAD 20.00075 million in funding

Emerita Resources Corp. announced that it expects to receive CAD 16.0006 million in funding

Emerita Resources Corp Provides Update on Aznalcollar Court Proceedings, Spain

Emerita Resources Corp. Receives Resolution from Mining Department Approving Drilling At El Cura and La Romanera Targets in Addition to the La Infanta Drilling and Provides Corporate Update

Emerita Resources Corp. Provides Results of Surface Sampling from Geological Mapping Program, Iberia Belt West Project

Emerita Resources Corp., Annual General Meeting, May 07, 2021

Emerita Resources Corp. announced that it has received CAD 3 million in funding from 2176423 Ontario Ltd.

Emerita Resources Corp. announced that it expects to receive CAD 3 million in funding

Emerita Resources Corp. Receives Approval for Infanta Deposit Drilling from Huelva Mining Department, Iberia Belt West Project, Spain

Emerita Resources Corp. Provides Update on Drill Permitting At Iberia Belt West Project, Spain

Emerita Resources Corp. announced that it expects to receive CAD 2.5 million in funding

Emerita Resources Provides Details of Planned Drill Program At the West Iberian Belt Project, Spain

Emerita Resources Releases Drill Hole Data from Romanera Deposit and Updates Permitting Process At Paymogo / Romanera Project, Spain

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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