Alvo Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Alvo Minerals has a total shareholder equity of A$2.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$460.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.70m |
| Equity | AU$2.18m |
| Total liabilities | AU$460.42k |
| Total assets | AU$2.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALV's short term assets (A$1.8M) exceed its short term liabilities (A$454.8K).
Long Term Liabilities: ALV's short term assets (A$1.8M) exceed its long term liabilities (A$5.6K).
Debt to Equity History and Analysis
Debt Level: ALV is debt free.
Reducing Debt: ALV had no debt 5 years ago.
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: ALV has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ALV is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.