Imperial Metals Balance Sheet Health
Financial Health criteria checks 3/6
Imperial Metals has a total shareholder equity of CA$716.2M and total debt of CA$319.2M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CA$1.4B and CA$695.8M respectively.
Key information
44.6%
Debt to equity ratio
CA$319.18m
Debt
Interest coverage ratio | n/a |
Cash | CA$24.94m |
Equity | CA$716.23m |
Total liabilities | CA$695.76m |
Total assets | CA$1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPML.F's short term assets (CA$119.9M) do not cover its short term liabilities (CA$287.5M).
Long Term Liabilities: IPML.F's short term assets (CA$119.9M) do not cover its long term liabilities (CA$408.2M).
Debt to Equity History and Analysis
Debt Level: IPML.F's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: IPML.F's debt to equity ratio has reduced from 212.5% to 44.6% 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: IPML.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IPML.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.