Neometals Balance Sheet Health

Financial Health criteria checks 5/6

Neometals has a total shareholder equity of A$84.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$86.7M and A$2.5M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$19.83m
EquityAU$84.14m
Total liabilitiesAU$2.54m
Total assetsAU$86.68m

Recent financial health updates

Recent updates

Is Neometals (ASX:NMT) In A Good Position To Deliver On Growth Plans?

Mar 19
Is Neometals (ASX:NMT) In A Good Position To Deliver On Growth Plans?

Is Neometals (ASX:NMT) In A Good Position To Invest In Growth?

Aug 02
Is Neometals (ASX:NMT) In A Good Position To Invest In Growth?

We Think Neometals (ASX:NMT) Can Afford To Drive Business Growth

Mar 07
We Think Neometals (ASX:NMT) Can Afford To Drive Business Growth

Neometals (ASX:NMT) Is In A Good Position To Deliver On Growth Plans

Apr 18
Neometals (ASX:NMT) Is In A Good Position To Deliver On Growth Plans

Neometals (ASX:NMT) Is In A Good Position To Deliver On Growth Plans

Jan 03
Neometals (ASX:NMT) Is In A Good Position To Deliver On Growth Plans

Financial Position Analysis

Short Term Liabilities: NMT's short term assets (A$22.2M) exceed its short term liabilities (A$2.0M).

Long Term Liabilities: NMT's short term assets (A$22.2M) exceed its long term liabilities (A$557.3K).


Debt to Equity History and Analysis

Debt Level: NMT is debt free.

Reducing Debt: NMT 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: NMT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NMT has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 12% each year.


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