BMG Resources Balance Sheet Health
Financial Health criteria checks 6/6
BMG Resources has a total shareholder equity of A$14.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.1M and A$171.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$474.70k |
| Equity | AU$14.90m |
| Total liabilities | AU$171.69k |
| Total assets | AU$15.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMG's short term assets (A$491.2K) exceed its short term liabilities (A$171.7K).
Long Term Liabilities: BMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BMG is debt free.
Reducing Debt: BMG 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: BMG has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BMG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.