M3 Metals Balance Sheet Health
Financial Health criteria checks 6/6
M3 Metals has a total shareholder equity of CA$3.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$48.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.48m |
| Equity | CA$3.02m |
| Total liabilities | CA$48.80k |
| Total assets | CA$3.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLGC.F's short term assets (CA$1.6M) exceed its short term liabilities (CA$48.8K).
Long Term Liabilities: MLGC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MLGC.F is debt free.
Reducing Debt: MLGC.F had no debt 5 years ago.
Debt Coverage: MLGC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLGC.F has no debt, therefore coverage of interest payments is not a concern.