Megado Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Megado Minerals 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$8.7M and A$17.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$700.83k |
| Equity | AU$8.64m |
| Total liabilities | AU$17.24k |
| Total assets | AU$8.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEG's short term assets (A$735.2K) exceed its short term liabilities (A$17.2K).
Long Term Liabilities: MEG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MEG is debt free.
Reducing Debt: MEG has not had any debt for 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: MEG has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MEG is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.