Omnia Metals Group Balance Sheet Health
Financial Health criteria checks 6/6
Omnia Metals Group has a total shareholder equity of A$9.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.8M and A$609.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.81m |
| Equity | AU$9.24m |
| Total liabilities | AU$608.96k |
| Total assets | AU$9.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OM1's short term assets (A$3.9M) exceed its short term liabilities (A$578.0K).
Long Term Liabilities: OM1's short term assets (A$3.9M) exceed its long term liabilities (A$31.0K).
Debt to Equity History and Analysis
Debt Level: OM1 is debt free.
Reducing Debt: OM1 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: OM1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OM1 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 77.3% each year.