Eastern Metals Balance Sheet Health
Financial Health criteria checks 4/6
Eastern Metals has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.5M and A$63.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.40m |
Equity | AU$2.39m |
Total liabilities | AU$63.07k |
Total assets | AU$2.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMS's short term assets (A$1.4M) exceed its short term liabilities (A$63.1K).
Long Term Liabilities: EMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMS is debt free.
Reducing Debt: EMS 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: EMS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EMS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.8% each year