Evolution Energy Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Evolution Energy Minerals has a total shareholder equity of A$8.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.8M and A$615.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.07m |
| Equity | AU$8.16m |
| Total liabilities | AU$615.85k |
| Total assets | AU$8.78m |
Recent financial health updates
We're A Little Worried About Evolution Energy Minerals' (ASX:EV1) Cash Burn Rate
Sep 08
Here's Why We're A Bit Worried About Evolution Energy Minerals' (ASX:EV1) Cash Burn Situation
May 18We Think Evolution Energy Minerals (ASX:EV1) Needs To Drive Business Growth Carefully
Jan 25Will Evolution Energy Minerals (ASX:EV1) Spend Its Cash Wisely?
Oct 05Recent updates
We're A Little Worried About Evolution Energy Minerals' (ASX:EV1) Cash Burn Rate
Sep 08Here's Why We're A Bit Worried About Evolution Energy Minerals' (ASX:EV1) Cash Burn Situation
May 18We Think Evolution Energy Minerals (ASX:EV1) Needs To Drive Business Growth Carefully
Jan 25Will Evolution Energy Minerals (ASX:EV1) Spend Its Cash Wisely?
Oct 05Financial Position Analysis
Short Term Liabilities: EV1's short term assets (A$3.2M) exceed its short term liabilities (A$615.8K).
Long Term Liabilities: EV1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EV1 is debt free.
Reducing Debt: EV1 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: EV1 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EV1 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.