Australian Mines Balance Sheet Health
Financial Health criteria checks 5/6
Australian Mines has a total shareholder equity of A$46.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$47.0M and A$258.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.49m |
| Equity | AU$46.72m |
| Total liabilities | AU$258.00k |
| Total assets | AU$46.98m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AUZ's short term assets (A$4.5M) exceed its short term liabilities (A$258.0K).
Long Term Liabilities: AUZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AUZ is debt free.
Reducing Debt: AUZ 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: AUZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AUZ has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.5% each year.