Battery Age Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Battery Age Minerals has a total shareholder equity of A$13.4M and total debt of A$444.2K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are A$15.5M and A$2.1M respectively.
Key information
3.3%
Debt to equity ratio
AU$444.20k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.83m |
| Equity | AU$13.41m |
| Total liabilities | AU$2.14m |
| Total assets | AU$15.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BM8's short term assets (A$2.1M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: BM8's short term assets (A$2.1M) exceed its long term liabilities (A$917.6K).
Debt to Equity History and Analysis
Debt Level: BM8 has more cash than its total debt.
Reducing Debt: BM8 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BM8 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BM8 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.