Leading Edge Materials Balance Sheet Health
Financial Health criteria checks 3/6
Leading Edge Materials has a total shareholder equity of CA$20.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$26.0M and CA$5.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.21m |
Equity | CA$20.23m |
Total liabilities | CA$5.77m |
Total assets | CA$26.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEMI.F's short term assets (CA$2.6M) exceed its short term liabilities (CA$284.4K).
Long Term Liabilities: LEMI.F's short term assets (CA$2.6M) do not cover its long term liabilities (CA$5.5M).
Debt to Equity History and Analysis
Debt Level: LEMI.F is debt free.
Reducing Debt: LEMI.F has not had any debt for 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: LEMI.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LEMI.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.1% each year.