Industrial Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Industrial Minerals has a total shareholder equity of A$2.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.3M and A$490.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$358.95k |
| Equity | AU$2.80m |
| Total liabilities | AU$490.04k |
| Total assets | AU$3.29m |
Financial Position Analysis
Short Term Liabilities: IND's short term assets (A$452.7K) exceed its short term liabilities (A$420.6K).
Long Term Liabilities: IND's short term assets (A$452.7K) exceed its long term liabilities (A$69.4K).
Debt to Equity History and Analysis
Debt Level: IND is debt free.
Reducing Debt: IND 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: IND has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IND is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.