Ucore Rare Metals Balance Sheet Health
Financial Health criteria checks 3/6
Ucore Rare Metals has a total shareholder equity of CA$38.6M and total debt of CA$12.1M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are CA$58.1M and CA$19.5M respectively.
Key information
31.5%
Debt to equity ratio
CA$12.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$364.31k |
| Equity | CA$38.55m |
| Total liabilities | CA$19.53m |
| Total assets | CA$58.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UURA.F's short term assets (CA$1.3M) do not cover its short term liabilities (CA$4.6M).
Long Term Liabilities: UURA.F's short term assets (CA$1.3M) do not cover its long term liabilities (CA$14.9M).
Debt to Equity History and Analysis
Debt Level: UURA.F's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: UURA.F's debt to equity ratio has increased from 10% to 31.5% 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: UURA.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: UURA.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:38 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ucore Rare Metals Inc. is covered by 2 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 |
|---|---|
| Jonathan Hykawy | Byron Capital Markets |
| Luisa de Fatima Moreno | Jacob Securities Inc. |