Matsa Resources Balance Sheet Health
Financial Health criteria checks 3/6
Matsa Resources has a total shareholder equity of A$13.1M and total debt of A$5.5M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are A$23.3M and A$10.2M respectively.
Key information
42.5%
Debt to equity ratio
AU$5.55m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.04m |
| Equity | AU$13.07m |
| Total liabilities | AU$10.21m |
| Total assets | AU$23.28m |
Financial Position Analysis
Short Term Liabilities: MAT's short term assets (A$1.6M) do not cover its short term liabilities (A$3.3M).
Long Term Liabilities: MAT's short term assets (A$1.6M) do not cover its long term liabilities (A$6.9M).
Debt to Equity History and Analysis
Debt Level: MAT's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: MAT's debt to equity ratio has increased from 29.9% to 42.5% 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: MAT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.