Meeka Metals Balance Sheet Health
Financial Health criteria checks 4/6
Meeka Metals has a total shareholder equity of A$29.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$34.3M and A$4.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.68m |
Equity | AU$29.65m |
Total liabilities | AU$4.68m |
Total assets | AU$34.33m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MEK's short term assets (A$4.9M) exceed its short term liabilities (A$626.6K).
Long Term Liabilities: MEK's short term assets (A$4.9M) exceed its long term liabilities (A$4.0M).
Debt to Equity History and Analysis
Debt Level: MEK is debt free.
Reducing Debt: MEK 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: MEK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MEK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38% each year