Mt Malcolm Mines Balance Sheet Health
Financial Health criteria checks 4/6
Mt Malcolm Mines has a total shareholder equity of A$7.2M and total debt of A$500.0K, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are A$8.1M and A$930.7K respectively.
Key information
7.0%
Debt to equity ratio
AU$500.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$367.58k |
Equity | AU$7.18m |
Total liabilities | AU$930.70k |
Total assets | AU$8.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2M's short term assets (A$577.1K) do not cover its short term liabilities (A$894.2K).
Long Term Liabilities: M2M's short term assets (A$577.1K) exceed its long term liabilities (A$36.5K).
Debt to Equity History and Analysis
Debt Level: M2M's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if M2M'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: M2M has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: M2M is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.