Infinity Mining Balance Sheet Health
Financial Health criteria checks 5/6
Infinity Mining has a total shareholder equity of A$14.7M and total debt of A$88.4K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are A$15.1M and A$447.1K respectively.
Key information
0.6%
Debt to equity ratio
AU$88.38k
Debt
Interest coverage ratio | n/a |
Cash | AU$921.65k |
Equity | AU$14.69m |
Total liabilities | AU$447.07k |
Total assets | AU$15.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMI's short term assets (A$1.1M) exceed its short term liabilities (A$447.1K).
Long Term Liabilities: IMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IMI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IMI's debt to equity ratio has reduced 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: IMI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IMI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.