Globe Metals & Mining Balance Sheet Health
Financial Health criteria checks 5/6
Globe Metals & Mining has a total shareholder equity of A$34.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$34.7M and A$265.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.37m |
Equity | AU$34.45m |
Total liabilities | AU$265.00k |
Total assets | AU$34.71m |
Recent financial health updates
Companies Like Globe Metals & Mining (ASX:GBE) Are In A Position To Invest In Growth
Jan 07We're Not Very Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Rate
Sep 20We Think Globe Metals & Mining (ASX:GBE) Can Afford To Drive Business Growth
Jun 07Here's Why We're Not Too Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Situation
Jan 14Recent updates
Companies Like Globe Metals & Mining (ASX:GBE) Are In A Position To Invest In Growth
Jan 07We're Not Very Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Rate
Sep 20We Think Globe Metals & Mining (ASX:GBE) Can Afford To Drive Business Growth
Jun 07Here's Why We're Not Too Worried About Globe Metals & Mining's (ASX:GBE) Cash Burn Situation
Jan 14Financial Position Analysis
Short Term Liabilities: GBE's short term assets (A$3.5M) exceed its short term liabilities (A$265.0K).
Long Term Liabilities: GBE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GBE is debt free.
Reducing Debt: GBE 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: GBE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GBE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.7% each year