MetalsTech Balance Sheet Health
Financial Health criteria checks 3/6
MetalsTech has a total shareholder equity of A$6.2M and total debt of A$1.6M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are A$9.1M and A$2.9M respectively.
Key information
26.4%
Debt to equity ratio
AU$1.64m
Debt
Interest coverage ratio | n/a |
Cash | AU$603.18k |
Equity | AU$6.22m |
Total liabilities | AU$2.88m |
Total assets | AU$9.10m |
Financial Position Analysis
Short Term Liabilities: MTC's short term assets (A$9.1M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: MTC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTC's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: MTC's debt to equity ratio has increased from 0% to 26.4% 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: MTC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MTC has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.6% each year.