MetalsTech Balance Sheet Health
Financial Health criteria checks 2/6
MetalsTech has a total shareholder equity of A$6.5M and total debt of A$1.3M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are A$8.8M and A$2.3M respectively.
Key information
20.0%
Debt to equity ratio
AU$1.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$628.40k |
| Equity | AU$6.51m |
| Total liabilities | AU$2.33m |
| Total assets | AU$8.84m |
Financial Position Analysis
Short Term Liabilities: MTC's short term assets (A$705.2K) do not cover its short term liabilities (A$2.3M).
Long Term Liabilities: MTC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTC's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: MTC's debt to equity ratio has increased from 0% to 20% 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 reduce at historical rates of 0.1% each year