Australasian Metals Balance Sheet Health
Financial Health criteria checks 6/6
Australasian Metals has a total shareholder equity of A$7.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.4M and A$229.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.15m |
| Equity | AU$7.13m |
| Total liabilities | AU$229.63k |
| Total assets | AU$7.36m |
Financial Position Analysis
Short Term Liabilities: A8G's short term assets (A$3.3M) exceed its short term liabilities (A$229.6K).
Long Term Liabilities: A8G has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: A8G is debt free.
Reducing Debt: A8G 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: A8G has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A8G has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 25.8% each year.