Energy Transition Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Energy Transition Minerals has a total shareholder equity of A$20.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.3M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$16.21m |
| Equity | AU$20.82m |
| Total liabilities | AU$1.49m |
| Total assets | AU$22.31m |
Recent financial health updates
Is Energy Transition Minerals (ASX:ETM) In A Good Position To Deliver On Growth Plans?
Jul 30
We're Keeping An Eye On Energy Transition Minerals' (ASX:ETM) Cash Burn Rate
Apr 12We Think Energy Transition Minerals (ASX:ETM) Can Afford To Drive Business Growth
Sep 22We're Not Very Worried About Energy Transition Minerals' (ASX:ETM) Cash Burn Rate
May 26We're Hopeful That Greenland Minerals (ASX:GGG) Will Use Its Cash Wisely
Nov 08Here's Why We're Not Too Worried About Greenland Minerals' (ASX:GGG) Cash Burn Situation
Jun 17Recent updates
Is Energy Transition Minerals (ASX:ETM) In A Good Position To Deliver On Growth Plans?
Jul 30We're Keeping An Eye On Energy Transition Minerals' (ASX:ETM) Cash Burn Rate
Apr 12We Think Energy Transition Minerals (ASX:ETM) Can Afford To Drive Business Growth
Sep 22We're Not Very Worried About Energy Transition Minerals' (ASX:ETM) Cash Burn Rate
May 26We're Hopeful That Greenland Minerals (ASX:GGG) Will Use Its Cash Wisely
Nov 08Here's Why We're Not Too Worried About Greenland Minerals' (ASX:GGG) Cash Burn Situation
Jun 17We're Hopeful That Greenland Minerals (ASX:GGG) Will Use Its Cash Wisely
Jan 27Here's Why We're Not At All Concerned With Greenland Minerals' (ASX:GGG) Cash Burn Situation
Sep 03Shareholders Will Probably Hold Off On Increasing Greenland Minerals Limited's (ASX:GGG) CEO Compensation For The Time Being
May 19Companies Like Greenland Minerals (ASX:GGG) Can Afford To Invest In Growth
Apr 09We're Hopeful That Greenland Minerals (ASX:GGG) Will Use Its Cash Wisely
Dec 25Financial Position Analysis
Short Term Liabilities: ETM's short term assets (A$18.1M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: ETM's short term assets (A$18.1M) exceed its long term liabilities (A$34.0K).
Debt to Equity History and Analysis
Debt Level: ETM is debt free.
Reducing Debt: ETM 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: ETM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ETM has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 4.8% each year.