New Energy Metals Balance Sheet Health
Financial Health criteria checks 4/6
New Energy Metals has a total shareholder equity of CA$949.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$138.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$110.22k |
Equity | CA$949.62k |
Total liabilities | CA$138.01k |
Total assets | CA$1.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRGY.F's short term assets (CA$150.5K) exceed its short term liabilities (CA$138.0K).
Long Term Liabilities: NRGY.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NRGY.F is debt free.
Reducing Debt: NRGY.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: NRGY.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NRGY.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.2% each year.