Magnetic Resources Financial Health

How is Magnetic Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


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: 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.


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