Austin Metals Balance Sheet Health
Financial Health criteria checks 6/6
Austin Metals has a total shareholder equity of A$15.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.8M and A$85.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.47m |
Equity | AU$15.72m |
Total liabilities | AU$85.29k |
Total assets | AU$15.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AYT's short term assets (A$1.5M) exceed its short term liabilities (A$85.3K).
Long Term Liabilities: AYT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AYT is debt free.
Reducing Debt: AYT 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: AYT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AYT is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.