Metro Mining Balance Sheet Health
Financial Health criteria checks 2/6
Metro Mining has a total shareholder equity of A$40.6M and total debt of A$75.2M, which brings its debt-to-equity ratio to 185.1%. Its total assets and total liabilities are A$243.2M and A$202.6M respectively. Metro Mining's EBIT is A$25.8M making its interest coverage ratio 1.3. It has cash and short-term investments of A$31.2M.
Key information
185.1%
Debt to equity ratio
AU$75.16m
Debt
| Interest coverage ratio | 1.3x |
| Cash | AU$31.19m |
| Equity | AU$40.60m |
| Total liabilities | AU$202.60m |
| Total assets | AU$243.21m |
Recent financial health updates
These 4 Measures Indicate That Metro Mining (ASX:MMI) Is Using Debt Reasonably Well
Mar 03
Metro Mining (ASX:MMI) Is Making Moderate Use Of Debt
Sep 19Is Metro Mining (ASX:MMI) Using Debt Sensibly?
Oct 18Is Metro Mining (ASX:MMI) Using Too Much Debt?
Jun 16Auditors Have Doubts About Metro Mining (ASX:MMI)
Mar 01Is Metro Mining (ASX:MMI) Using Too Much Debt?
Sep 02Recent updates
These 4 Measures Indicate That Metro Mining (ASX:MMI) Is Using Debt Reasonably Well
Mar 03There Is A Reason Metro Mining Limited's (ASX:MMI) Price Is Undemanding
Jan 13Metro Mining Limited (ASX:MMI) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Oct 11Metro Mining (ASX:MMI) Is Making Moderate Use Of Debt
Sep 19Benign Growth For Metro Mining Limited (ASX:MMI) Underpins Its Share Price
Aug 23Metro Mining Limited (ASX:MMI) Held Back By Insufficient Growth Even After Shares Climb 56%
Apr 03Metro Mining Limited's (ASX:MMI) Revenues Are Not Doing Enough For Some Investors
Nov 23Is Metro Mining (ASX:MMI) Using Debt Sensibly?
Oct 18Is Metro Mining (ASX:MMI) Using Too Much Debt?
Jun 16Auditors Have Doubts About Metro Mining (ASX:MMI)
Mar 01Is Metro Mining (ASX:MMI) Using Too Much Debt?
Sep 02Auditors Have Doubts About Metro Mining (ASX:MMI)
Feb 28A Look At Metro Mining's (ASX:MMI) Share Price Returns
Feb 02
Should You Review Recent Insider Transactions At Metro Mining Limited (ASX:MMI)?
Dec 29Are Metro Mining's (ASX:MMI) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 08How Does Metro Mining's (ASX:MMI) CEO Pay Compare With Company Performance?
Nov 17Financial Position Analysis
Short Term Liabilities: MMI's short term assets (A$56.4M) do not cover its short term liabilities (A$101.2M).
Long Term Liabilities: MMI's short term assets (A$56.4M) do not cover its long term liabilities (A$101.4M).
Debt to Equity History and Analysis
Debt Level: MMI's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: MMI's debt to equity ratio has increased from 27.8% to 185.1% 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: Whilst unprofitable MMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MMI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/13 18:21 |
| End of Day Share Price | 2025/03/13 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Metro Mining Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chris Brown | Morgans Financial Limited |
| Andrew Hines | Shaw and Partners Limited |
| Filipe Martins | Stifel Canada |