Meteoric Resources Balance Sheet Health
Financial Health criteria checks 6/6
Meteoric Resources has a total shareholder equity of A$8.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.5M and A$8.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.87m |
| Equity | AU$8.31m |
| Total liabilities | AU$8.16m |
| Total assets | AU$16.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEI's short term assets (A$14.3M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: MEI's short term assets (A$14.3M) exceed its long term liabilities (A$6.3M).
Debt to Equity History and Analysis
Debt Level: MEI is debt free.
Reducing Debt: MEI 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: MEI has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MEI is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.