Imperial Metals Balance Sheet Health
Financial Health criteria checks 1/6
Imperial Metals has a total shareholder equity of CA$728.0M and total debt of CA$376.4M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are CA$1.5B and CA$752.8M respectively. Imperial Metals's EBIT is CA$16.9M making its interest coverage ratio 0.5. It has cash and short-term investments of CA$43.4M.
Key information
51.7%
Debt to equity ratio
CA$376.40m
Debt
| Interest coverage ratio | 0.5x |
| Cash | CA$43.38m |
| Equity | CA$727.98m |
| Total liabilities | CA$752.84m |
| Total assets | CA$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPML.F's short term assets (CA$137.5M) do not cover its short term liabilities (CA$274.6M).
Long Term Liabilities: IPML.F's short term assets (CA$137.5M) do not cover its long term liabilities (CA$478.2M).
Debt to Equity History and Analysis
Debt Level: IPML.F's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: IPML.F's debt to equity ratio has reduced from 215.6% to 51.7% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IPML.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.3% each year