Northern Minerals Limited

ASX:NTU Stock Report

Market Cap: AU$189.3m

Northern Minerals Balance Sheet Health

Financial Health criteria checks 4/6

Northern Minerals has a total shareholder equity of A$3.0M and total debt of A$14.0M, which brings its debt-to-equity ratio to 473.7%. Its total assets and total liabilities are A$31.5M and A$28.5M respectively.

Key information

473.7%

Debt to equity ratio

AU$14.04m

Debt

Interest coverage ration/a
CashAU$24.32m
EquityAU$2.96m
Total liabilitiesAU$28.53m
Total assetsAU$31.49m

Recent financial health updates

Recent updates

We're Keeping An Eye On Northern Minerals' (ASX:NTU) Cash Burn Rate

Jun 10
We're Keeping An Eye On Northern Minerals' (ASX:NTU) Cash Burn Rate

Companies Like Northern Minerals (ASX:NTU) Are In A Position To Invest In Growth

Sep 27
Companies Like Northern Minerals (ASX:NTU) Are In A Position To Invest In Growth

Could The Northern Minerals Limited (ASX:NTU) Ownership Structure Tell Us Something Useful?

Feb 07
Could The Northern Minerals Limited (ASX:NTU) Ownership Structure Tell Us Something Useful?

Colin McCavana Is The Non-Executive Chairman of Northern Minerals Limited (ASX:NTU) And They Just Sold 82% Of Their Shares

Dec 15
Colin McCavana Is The Non-Executive Chairman of Northern Minerals Limited (ASX:NTU) And They Just Sold 82% Of Their Shares

Financial Position Analysis

Short Term Liabilities: NTU's short term assets (A$26.0M) exceed its short term liabilities (A$23.1M).

Long Term Liabilities: NTU's short term assets (A$26.0M) exceed its long term liabilities (A$5.4M).


Debt to Equity History and Analysis

Debt Level: NTU has more cash than its total debt.

Reducing Debt: NTU's debt to equity ratio has increased from 141.7% to 473.7% 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: NTU has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NTU has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.5% each year.


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