AuMEGA Metals Balance Sheet Health
Financial Health criteria checks 5/6
AuMEGA Metals has a total shareholder equity of A$44.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$53.3M and A$8.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.69m |
| Equity | AU$44.82m |
| Total liabilities | AU$8.50m |
| Total assets | AU$53.33m |
Recent financial health updates
Recent updates
Will Matador Mining (ASX:MZZ) Spend Its Cash Wisely?
Apr 11
Is Matador Mining Limited (ASX:MZZ) Trading At A 48% Discount?
Dec 07Calculating The Intrinsic Value Of Matador Mining Limited (ASX:MZZ)
Jun 01Matador Mining Limited (ASX:MZZ) Is Expected To Breakeven In The Near Future
Mar 17Matador Mining Limited (ASX:MZZ) Is Expected To Breakeven In The Near Future
Dec 02Financial Position Analysis
Short Term Liabilities: AAM's short term assets (A$8.6M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: AAM's short term assets (A$8.6M) exceed its long term liabilities (A$7.1M).
Debt to Equity History and Analysis
Debt Level: AAM is debt free.
Reducing Debt: AAM has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.
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: AAM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AAM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.6% each year