Bindi Metals Balance Sheet Health
Financial Health criteria checks 6/6
Bindi Metals has a total shareholder equity of A$1.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.6M and A$82.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$815.73k |
| Equity | AU$1.56m |
| Total liabilities | AU$82.66k |
| Total assets | AU$1.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIM's short term assets (A$855.6K) exceed its short term liabilities (A$82.7K).
Long Term Liabilities: BIM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BIM is debt free.
Reducing Debt: BIM 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: BIM has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BIM is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.