Euro Manganese Balance Sheet Health
Financial Health criteria checks 1/6
Euro Manganese has a total shareholder equity of CA$14.9M and total debt of CA$27.3M, which brings its debt-to-equity ratio to 183.4%. Its total assets and total liabilities are CA$45.6M and CA$30.7M respectively.
Key information
183.4%
Debt to equity ratio
CA$27.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$13.20m |
| Equity | CA$14.90m |
| Total liabilities | CA$30.74m |
| Total assets | CA$45.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUMN.F's short term assets (CA$15.0M) exceed its short term liabilities (CA$3.2M).
Long Term Liabilities: EUMN.F's short term assets (CA$15.0M) do not cover its long term liabilities (CA$27.5M).
Debt to Equity History and Analysis
Debt Level: EUMN.F's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: EUMN.F's debt to equity ratio has increased from 0% to 183.4% 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: EUMN.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EUMN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.6% each year