Lunnon Metals Balance Sheet Health
Financial Health criteria checks 6/6
Lunnon Metals has a total shareholder equity of A$54.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$56.3M and A$2.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$27.06m |
Equity | AU$54.01m |
Total liabilities | AU$2.28m |
Total assets | AU$56.28m |
Recent financial health updates
We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully
Jul 14Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?
Mar 11Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation
Aug 17Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation
Jan 14Recent updates
We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully
Jul 14Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?
Mar 11Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation
Aug 17Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation
Jan 14Financial Position Analysis
Short Term Liabilities: LM8's short term assets (A$28.0M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: LM8's short term assets (A$28.0M) exceed its long term liabilities (A$71.8K).
Debt to Equity History and Analysis
Debt Level: LM8 is debt free.
Reducing Debt: LM8 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: LM8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LM8 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 56.4% each year.