Desert Metals Balance Sheet Health
Financial Health criteria checks 6/6
Desert Metals has a total shareholder equity of A$8.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.1M and A$160.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$599.49k |
| Equity | AU$8.89m |
| Total liabilities | AU$160.44k |
| Total assets | AU$9.05m |
Recent financial health updates
Here's Why We're Watching Desert Metals' (ASX:DM1) Cash Burn Situation
Sep 17
Is Desert Metals (ASX:DM1) In A Good Position To Invest In Growth?
Feb 23We're Hopeful That Desert Metals (ASX:DM1) Will Use Its Cash Wisely
Jul 08We're Not Very Worried About Desert Metals' (ASX:DM1) Cash Burn Rate
Mar 18Recent updates
Financial Position Analysis
Short Term Liabilities: DM1's short term assets (A$680.9K) exceed its short term liabilities (A$160.4K).
Long Term Liabilities: DM1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DM1 is debt free.
Reducing Debt: DM1 has not had any debt for 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: DM1 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DM1 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.