BMG Resources Balance Sheet Health
Financial Health criteria checks 4/6
BMG Resources has a total shareholder equity of A$20.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.7M and A$214.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$949.57k |
Equity | AU$20.52m |
Total liabilities | AU$214.66k |
Total assets | AU$20.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMG's short term assets (A$966.5K) exceed its short term liabilities (A$214.7K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.4% each year