Adriatic Metals Balance Sheet Health
Financial Health criteria checks 1/6
Adriatic Metals has a total shareholder equity of $157.8M and total debt of $169.2M, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are $350.0M and $192.3M respectively.
Key information
107.3%
Debt to equity ratio
US$169.25m
Debt
| Interest coverage ratio | n/a |
| Cash | US$58.78m |
| Equity | US$157.77m |
| Total liabilities | US$192.27m |
| Total assets | US$350.05m |
Recent financial health updates
Adriatic Metals (ASX:ADT) Is Making Moderate Use Of Debt
Sep 12
We Think Adriatic Metals (ASX:ADT) Has A Fair Chunk Of Debt
Apr 22Is Adriatic Metals (ASX:ADT) A Risky Investment?
May 18Is Adriatic Metals (ASX:ADT) Weighed On By Its Debt Load?
Dec 02Recent updates
Adriatic Metals (ASX:ADT) Is Making Moderate Use Of Debt
Sep 12Adriatic Metals PLC (ASX:ADT) Shares Could Be 25% Below Their Intrinsic Value Estimate
May 27We Think Adriatic Metals (ASX:ADT) Has A Fair Chunk Of Debt
Apr 22Is Adriatic Metals PLC (ASX:ADT) Trading At A 41% Discount?
Jan 05Is Adriatic Metals (ASX:ADT) A Risky Investment?
May 18Is Adriatic Metals (ASX:ADT) Weighed On By Its Debt Load?
Dec 02Financial Position Analysis
Short Term Liabilities: ADT's short term assets ($73.0M) exceed its short term liabilities ($72.4M).
Long Term Liabilities: ADT's short term assets ($73.0M) do not cover its long term liabilities ($119.9M).
Debt to Equity History and Analysis
Debt Level: ADT's net debt to equity ratio (70%) is considered high.
Reducing Debt: ADT's debt to equity ratio has increased from 0% to 107.3% over the 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: ADT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ADT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.