Macro Metals Balance Sheet Health
Financial Health criteria checks 6/6
Macro Metals has a total shareholder equity of A$8.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.4M and A$760.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.82m |
| Equity | AU$8.65m |
| Total liabilities | AU$760.21k |
| Total assets | AU$9.41m |
Financial Position Analysis
Short Term Liabilities: M4M's short term assets (A$4.0M) exceed its short term liabilities (A$760.2K).
Long Term Liabilities: M4M has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: M4M is debt free.
Reducing Debt: M4M 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: M4M has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: M4M has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 6.3% each year.