Petro Matad Balance Sheet Health
Financial Health criteria checks 4/6
Petro Matad has a total shareholder equity of $18.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.0M and $263.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93m |
| Equity | US$18.71m |
| Total liabilities | US$263.00k |
| Total assets | US$18.97m |
Recent financial health updates
We Think Petro Matad (FRA:HA3) Can Easily Afford To Drive Business Growth
Dec 17
Is Petro Matad (FRA:HA3) In A Good Position To Invest In Growth?
Jul 11Here's Why We're Not Too Worried About Petro Matad's (FRA:HA3) Cash Burn Situation
Mar 28We Think Petro Matad (FRA:HA3) Can Afford To Drive Business Growth
Dec 13Recent updates
We Think Petro Matad (FRA:HA3) Can Easily Afford To Drive Business Growth
Dec 17Estimating The Fair Value Of Petro Matad Limited (FRA:HA3)
Sep 02Is Petro Matad (FRA:HA3) In A Good Position To Invest In Growth?
Jul 11Here's Why We're Not Too Worried About Petro Matad's (FRA:HA3) Cash Burn Situation
Mar 28We Think Petro Matad (FRA:HA3) Can Afford To Drive Business Growth
Dec 13A Look At Petro Matad's (FRA:HA3) CEO Remuneration
Nov 18
Financial Position Analysis
Short Term Liabilities: HA3's short term assets ($2.6M) exceed its short term liabilities ($263.0K).
Long Term Liabilities: HA3 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HA3 is debt free.
Reducing Debt: HA3 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: HA3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HA3 has less than a year of cash runway if free cash flow continues to grow at historical rates of 37% each year.