Andromeda Metals Balance Sheet Health
Financial Health criteria checks 6/6
Andromeda Metals has a total shareholder equity of A$154.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$158.1M and A$3.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.44m |
| Equity | AU$154.88m |
| Total liabilities | AU$3.19m |
| Total assets | AU$158.07m |
Financial Position Analysis
Short Term Liabilities: ADN's short term assets (A$6.1M) exceed its short term liabilities (A$2.7M).
Long Term Liabilities: ADN's short term assets (A$6.1M) exceed its long term liabilities (A$474.8K).
Debt to Equity History and Analysis
Debt Level: ADN is debt free.
Reducing Debt: ADN 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: ADN has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ADN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.