Galway Metals Balance Sheet Health
Financial Health criteria checks 5/6
Galway Metals has a total shareholder equity of CA$12.8M and total debt of CA$141.5K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CA$14.2M and CA$1.5M respectively.
Key information
1.1%
Debt to equity ratio
CA$141.48k
Debt
Interest coverage ratio | n/a |
Cash | CA$3.35m |
Equity | CA$12.78m |
Total liabilities | CA$1.45m |
Total assets | CA$14.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAYM.F's short term assets (CA$3.8M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: GAYM.F's short term assets (CA$3.8M) exceed its long term liabilities (CA$69.4K).
Debt to Equity History and Analysis
Debt Level: GAYM.F has more cash than its total debt.
Reducing Debt: GAYM.F's debt to equity ratio has increased from 0% to 1.1% 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: GAYM.F has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GAYM.F is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.