Anax Metals Balance Sheet Health
Financial Health criteria checks 4/6
Anax Metals has a total shareholder equity of A$22.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$43.3M and A$21.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.09m |
| Equity | AU$22.29m |
| Total liabilities | AU$20.98m |
| Total assets | AU$43.27m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ANX's short term assets (A$4.6M) do not cover its short term liabilities (A$8.2M).
Long Term Liabilities: ANX's short term assets (A$4.6M) do not cover its long term liabilities (A$12.7M).
Debt to Equity History and Analysis
Debt Level: ANX is debt free.
Reducing Debt: ANX 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: ANX has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ANX is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.