Melbana Energy Balance Sheet Health
Financial Health criteria checks 4/6
Melbana Energy has a total shareholder equity of A$51.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$63.7M and A$12.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$20.15m |
| Equity | AU$51.52m |
| Total liabilities | AU$12.21m |
| Total assets | AU$63.73m |
Financial Position Analysis
Short Term Liabilities: MAY's short term assets (A$34.3M) exceed its short term liabilities (A$12.2M).
Long Term Liabilities: MAY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAY is debt free.
Reducing Debt: MAY has no debt compared to 5 years ago when its debt to equity ratio was 38.3%.
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: MAY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MAY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.9% each year