This company is no longer active
Vimy Resources Balance Sheet Health
Financial Health criteria checks 5/6
Key information
n/a
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$16.24m |
Equity | AU$27.33m |
Total liabilities | AU$8.02m |
Total assets | AU$35.36m |
Financial Position Analysis
Short Term Liabilities: VMY's short term assets (A$17.2M) exceed its short term liabilities (A$5.4M).
Long Term Liabilities: VMY's short term assets (A$17.2M) exceed its long term liabilities (A$2.7M).
Debt to Equity History and Analysis
Debt Level: VMY is debt free.
Reducing Debt: VMY currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: VMY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VMY has less than a year of cash runway if free cash flow continues to grow at historical rates of 5% each year.