Group 6 Metals Balance Sheet Health
Financial Health criteria checks 1/6
Group 6 Metals has a total shareholder equity of A$72.3M and total debt of A$58.1M, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are A$162.5M and A$90.1M respectively.
Key information
80.4%
Debt to equity ratio
AU$58.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$722.00k |
| Equity | AU$72.31m |
| Total liabilities | AU$90.15m |
| Total assets | AU$162.46m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: G6M's short term assets (A$21.2M) do not cover its short term liabilities (A$68.6M).
Long Term Liabilities: G6M's short term assets (A$21.2M) do not cover its long term liabilities (A$21.5M).
Debt to Equity History and Analysis
Debt Level: G6M's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: G6M's debt to equity ratio has reduced from 101.5% to 80.4% over the 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: G6M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if G6M has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.