Magnetic Resources Financial Health
How is Magnetic Resources'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: MAU's short term assets (A$5.9M) exceed its short term liabilities (A$399.3K).
Long Term Liabilities: MAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAU is debt free.
Reducing Debt: MAU 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: MAU has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAU is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.