Mithril Resources Balance Sheet Health
Financial Health criteria checks 4/6
Mithril Resources has a total shareholder equity of A$29.6M and total debt of A$850.0K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are A$31.1M and A$1.5M respectively.
Key information
2.9%
Debt to equity ratio
AU$850.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$422.83k |
| Equity | AU$29.61m |
| Total liabilities | AU$1.53m |
| Total assets | AU$31.14m |
Financial Position Analysis
Short Term Liabilities: MTH's short term assets (A$546.9K) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: MTH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTH's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: MTH's debt to equity ratio has increased from 0% to 2.9% 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: MTH has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MTH is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.