Orvana Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Orvana Minerals has a total shareholder equity of $53.9M and total debt of $36.3M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are $138.6M and $84.6M respectively. Orvana Minerals's EBIT is $7.7M making its interest coverage ratio 3.2. It has cash and short-term investments of $31.2M.
Key information
67.2%
Debt to equity ratio
US$36.26m
Debt
Interest coverage ratio | 3.2x |
Cash | US$31.20m |
Equity | US$53.93m |
Total liabilities | US$84.64m |
Total assets | US$138.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORVM.F's short term assets ($53.3M) exceed its short term liabilities ($34.8M).
Long Term Liabilities: ORVM.F's short term assets ($53.3M) exceed its long term liabilities ($49.8M).
Debt to Equity History and Analysis
Debt Level: ORVM.F's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: ORVM.F's debt to equity ratio has increased from 25.5% to 67.2% 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: Whilst unprofitable ORVM.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORVM.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.