MRG Metals Balance Sheet Health
Financial Health criteria checks 6/6
MRG Metals has a total shareholder equity of A$7.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.4M and A$108.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$920.43k |
Equity | AU$7.34m |
Total liabilities | AU$108.69k |
Total assets | AU$7.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRQ's short term assets (A$1.3M) exceed its short term liabilities (A$108.7K).
Long Term Liabilities: MRQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MRQ is debt free.
Reducing Debt: MRQ has not had any debt for 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: MRQ has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MRQ is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.