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 $6.8M making its interest coverage ratio 4.6. 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 | 4.6x |
| 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 23:25 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orvana Minerals Corp. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bandrowski | Clarus Securities Inc. |
| Chris Thompson | Haywood Securities Inc. |
| Matthew Zylstra | Northern Securities |