Industrial Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Industrial Minerals has a total shareholder equity of A$3.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.4M and A$607.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.44m |
| Equity | AU$3.76m |
| Total liabilities | AU$607.39k |
| Total assets | AU$4.37m |
Financial Position Analysis
Short Term Liabilities: IND's short term assets (A$1.6M) exceed its short term liabilities (A$519.7K).
Long Term Liabilities: IND's short term assets (A$1.6M) exceed its long term liabilities (A$87.7K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.5% each year