Minbos Resources Balance Sheet Health
Financial Health criteria checks 6/6
Minbos Resources has a total shareholder equity of A$24.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.3M and A$1.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.60m |
Equity | AU$24.37m |
Total liabilities | AU$1.91m |
Total assets | AU$26.28m |
Recent financial health updates
Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
Sep 25We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
May 01Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
May 11Companies Like Minbos Resources (ASX:MNB) Are In A Position To Invest In Growth
Jan 26Here's Why We're Not Too Worried About Minbos Resources' (ASX:MNB) Cash Burn Situation
Oct 13We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
Jun 28Recent updates
Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
Sep 25We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
May 01Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
May 11Companies Like Minbos Resources (ASX:MNB) Are In A Position To Invest In Growth
Jan 26Here's Why We're Not Too Worried About Minbos Resources' (ASX:MNB) Cash Burn Situation
Oct 13We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
Jun 28Is Minbos Resources (ASX:MNB) In A Good Position To Deliver On Growth Plans?
Mar 07Financial Position Analysis
Short Term Liabilities: MNB's short term assets (A$6.4M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: MNB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MNB is debt free.
Reducing Debt: MNB 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: MNB has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MNB is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.