Bastion Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Bastion Minerals has a total shareholder equity of A$3.5M and total debt of A$235.5K, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are A$4.9M and A$1.4M respectively.
Key information
6.7%
Debt to equity ratio
AU$235.49k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.03m |
Equity | AU$3.51m |
Total liabilities | AU$1.36m |
Total assets | AU$4.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMO's short term assets (A$1.3M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: BMO's short term assets (A$1.3M) exceed its long term liabilities (A$187.0K).
Debt to Equity History and Analysis
Debt Level: BMO has more cash than its total debt.
Reducing Debt: BMO's debt to equity ratio has reduced from 190.6% to 6.7% over the 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: BMO has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BMO is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.