Cyclone Metals Balance Sheet Health
Financial Health criteria checks 6/6
Cyclone Metals has a total shareholder equity of A$8.3M and total debt of A$2.3M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are A$12.1M and A$3.8M respectively.
Key information
27.4%
Debt to equity ratio
AU$2.27m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.38m |
| Equity | AU$8.31m |
| Total liabilities | AU$3.80m |
| Total assets | AU$12.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLE's short term assets (A$5.5M) exceed its short term liabilities (A$3.8M).
Long Term Liabilities: CLE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLE has more cash than its total debt.
Reducing Debt: CLE 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: CLE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CLE has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 5.7% each year.