Medallion Metals Balance Sheet Health
Financial Health criteria checks 3/6
Medallion Metals has a total shareholder equity of A$13.5M and total debt of A$2.9M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are A$17.9M and A$4.4M respectively.
Key information
21.7%
Debt to equity ratio
AU$2.92m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.56m |
Equity | AU$13.46m |
Total liabilities | AU$4.45m |
Total assets | AU$17.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MM8's short term assets (A$2.7M) exceed its short term liabilities (A$785.8K).
Long Term Liabilities: MM8's short term assets (A$2.7M) do not cover its long term liabilities (A$3.7M).
Debt to Equity History and Analysis
Debt Level: MM8's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: MM8's debt to equity ratio has reduced from 1202.5% to 21.7% over the 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: MM8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MM8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year