Asiamet Resources Balance Sheet Health
Financial Health criteria checks 6/6
Asiamet Resources has a total shareholder equity of $1.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4M and $1.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.26m |
Equity | US$1.24m |
Total liabilities | US$1.19m |
Total assets | US$2.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMGL.F's short term assets ($2.3M) exceed its short term liabilities ($637.0K).
Long Term Liabilities: KMGL.F's short term assets ($2.3M) exceed its long term liabilities ($551.0K).
Debt to Equity History and Analysis
Debt Level: KMGL.F is debt free.
Reducing Debt: KMGL.F had no debt 5 years ago.
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: KMGL.F has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KMGL.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.