Transition Metals Balance Sheet Health

Financial Health criteria checks 6/6

Transition Metals has a total shareholder equity of CA$2.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.8M and CA$228.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$1.68m
Equity	CA$2.55m
Total liabilities	CA$228.43k
Total assets	CA$2.78m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TNTM.F's short term assets (CA$1.8M) exceed its short term liabilities (CA$228.4K).

Long Term Liabilities: TNTM.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: TNTM.F is debt free.

Reducing Debt: TNTM.F has not had any debt for 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: TNTM.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TNTM.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 22.1% each year.

Transition Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Transition Metals Corp. announced that it has received CAD 0.3 million in funding

Transition Metals Corp. announced that it expects to receive CAD 0.3 million in funding

Transition Metals Corp. Initiates ZTEM Survey At Pike Warden, Yukon

Transition Metals Corp., Annual General Meeting, Feb 21, 2024

Transition Metals Corp. Completes Ground Fixed Loop Electromagnetic Survey

Transition Metals Corp. announced that it has received CAD 1.000014 million in funding

Transition Metals Corp. announced that it has received CAD 1.000014 million in funding

Transition Metals Corp. Provides an Interpretation of Results from Field Work Completed At the Company's 100% Owned and Optioned Jolly Gold Property

Transition Metals Corp. announced that it expects to receive CAD 1 million in funding

Transition Metals Corp. Intersects Bonanza Silver Mineralization in Shallow RC Drilling at ERT Zone, Pike Warden Property, Yukon

Transition Metals Corp., Annual General Meeting, Feb 24, 2023

Transition Metals Corp. Reports Assays from the Drilling Completed This Fall At Its Maude Lake Property Located 10Km North of Schreiber, Ontario

Transition Metals Corp Mobilizes RC Drill to Complete Three Holes

Transition Metals Corp to Present Channel Sampling Results from Summer Field Work on Its Maude Lake Property Located Near Schreiber, Ontario

Transition Metals Corp. Initiates Diamond Drilling At Its Aylmer Cu-Au Project, Sudbury Area, Ontario

Transition Metals Provides Update on Field Programs in Ontario

Transition Metals Corp. Initiates Field Programme to Confirm Airborne Geophysical Targets for Drill-Testing on Its Maude Lake Property

Transition Metals Corp. Reports the Return of the Gowganda Cobalt Property

McFarlane Lake Mining Limited acquired Mongowin Property from Transition Metals Corp. (TSXV:XTM) for CAD 3.1 million.

Transition Metals Corp. Provides Update on Summer Exploration Programs on Key Projects in Ontario, Saskatchewan and Newfoundland

Transition Metals Corp Embarks on Aggressive Summer Field Exploration Programs on Major Projects in Ontario, Saskatchewan and Newfoundland

Transition Metals Corp. Commences Drilling on its Sawmill Property, Sudbury Area, Ontario

Transition Metals Corp Reports the Results of A Successful Property-Wide Helicopter-Supported

Transition Metals Corp. Announces the Discovery of a New High-Grade Gold Occurrence (The JBM Showing) on its Sawmill Property

Transition Metals Corp. announced that it expects to receive CAD 0.25 million in funding

Transition Metals Corp., Annual General Meeting, Feb 16, 2021

Transition Metals Corp Report Results from Grab Samples Collected over its 100% Owned, 150 Square Kilometre Wollaston Copper Project

Transition Metals Corp Enters into Option Agreement to Acquire 100% Interest in the Sawmill Au-Cu Property Located 40 Kilometres Northeast of the Sudbury Mining Camp Within Parkin and Hutton Townships. the Property Consists of 106 Contiguous Mining

Nova Royalty Corp. entered into an agreement to acquire Royalty Interests Portfolio from Transition Metals Corp. (TSXV:XTM).

Transition Metals Corp. (TSXV:XTM) acquired 10 Mining Claims Located in Mongowin township near Espanola, Ontario for CAD 0.02 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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