Mantle Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Mantle Minerals has a total shareholder equity of A$1.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.2M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.98m |
| Equity | AU$1.10m |
| Total liabilities | AU$1.07m |
| Total assets | AU$2.18m |
Recent financial health updates
Here's Why We're Watching Caeneus Minerals' (ASX:CAD) Cash Burn Situation
Mar 30
We're Not Very Worried About Caeneus Minerals' (ASX:CAD) Cash Burn Rate
Jul 01Companies Like Caeneus Minerals (ASX:CAD) Are In A Position To Invest In Growth
Mar 18Recent updates
Here's Why We're Watching Caeneus Minerals' (ASX:CAD) Cash Burn Situation
Mar 30We're Not Very Worried About Caeneus Minerals' (ASX:CAD) Cash Burn Rate
Jul 01Companies Like Caeneus Minerals (ASX:CAD) Are In A Position To Invest In Growth
Mar 18Have Insiders Been Buying Caeneus Minerals Ltd (ASX:CAD) Shares?
Dec 03
Financial Position Analysis
Short Term Liabilities: MTL's short term assets (A$2.1M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: MTL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTL is debt free.
Reducing Debt: MTL 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: MTL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MTL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.9% each year