Eclipse Metals Financial Health
Financial Health criteria checks 4/6
Eclipse Metals has a total shareholder equity of A$14.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.8M and A$41.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.30m |
| Equity | AU$14.81m |
| Total liabilities | AU$41.76k |
| Total assets | AU$14.85m |
Financial Position Analysis
Short Term Liabilities: EPM's short term assets (A$1.5M) exceed its short term liabilities (A$41.8K).
Long Term Liabilities: EPM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EPM is debt free.
Reducing Debt: EPM 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: EPM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EPM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.9% each year