NT Minerals Balance Sheet Health
Financial Health criteria checks 2/6
NT Minerals has a total shareholder equity of A$11.3M and total debt of A$803.2K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are A$13.5M and A$2.3M respectively.
Key information
7.1%
Debt to equity ratio
AU$803.25k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$27.76k |
| Equity | AU$11.27m |
| Total liabilities | AU$2.26m |
| Total assets | AU$13.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTM's short term assets (A$135.4K) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: NTM's short term assets (A$135.4K) do not cover its long term liabilities (A$708.4K).
Debt to Equity History and Analysis
Debt Level: NTM's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: NTM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: NTM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NTM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.8% each year