Cygnus Metals Balance Sheet Health
Financial Health criteria checks 4/6
Cygnus Metals has a total shareholder equity of A$27.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$35.1M and A$8.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.32m |
| Equity | AU$26.98m |
| Total liabilities | AU$8.11m |
| Total assets | AU$35.09m |
Recent financial health updates
Cygnus Metals (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 01
Is Cygnus Metals (ASX:CY5) In A Good Position To Deliver On Growth Plans?
Apr 10Cygnus Gold (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 15Recent updates
Cygnus Metals (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 01Is Cygnus Metals (ASX:CY5) In A Good Position To Deliver On Growth Plans?
Apr 10Cygnus Gold (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 15Did Cygnus Gold Limited (ASX:CY5) Insiders Buy Up More Shares?
Mar 05Executive Director Lawrence Jackson Just Bought 66% More Shares In Cygnus Gold Limited (ASX:CY5)
Nov 20
Financial Position Analysis
Short Term Liabilities: CY5's short term assets (A$10.8M) exceed its short term liabilities (A$5.6M).
Long Term Liabilities: CY5's short term assets (A$10.8M) exceed its long term liabilities (A$2.5M).
Debt to Equity History and Analysis
Debt Level: CY5 is debt free.
Reducing Debt: CY5 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: CY5 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CY5 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.3% each year