Latin Metals Balance Sheet Health
Financial Health criteria checks 4/6
Latin Metals has a total shareholder equity of CA$5.3M and total debt of CA$563.0K, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CA$6.2M and CA$938.4K respectively.
Key information
10.6%
Debt to equity ratio
CA$563.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$153.28k |
Equity | CA$5.30m |
Total liabilities | CA$938.42k |
Total assets | CA$6.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMSQ.F's short term assets (CA$244.2K) do not cover its short term liabilities (CA$938.4K).
Long Term Liabilities: LMSQ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMSQ.F's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: LMSQ.F's debt to equity ratio has increased from 6% to 10.6% 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: LMSQ.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LMSQ.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.