Critical Minerals Group Balance Sheet Health
Financial Health criteria checks 6/6
Critical Minerals Group has a total shareholder equity of A$2.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$125.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$971.17k |
Equity | AU$2.49m |
Total liabilities | AU$125.38k |
Total assets | AU$2.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMG's short term assets (A$1.1M) exceed its short term liabilities (A$125.4K).
Long Term Liabilities: CMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CMG is debt free.
Reducing Debt: CMG 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: CMG has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CMG is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.