Lunnon Metals Financial Health
How is Lunnon Metals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LM8's short term assets (A$33.4M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: LM8's short term assets (A$33.4M) exceed its long term liabilities (A$11.5K).
Debt to Equity History and Analysis
Debt Level: LM8 is debt free.
Reducing Debt: LM8 had no debt 5 years ago.
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: LM8 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LM8 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 56.7% each year.