Power Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Power Minerals has a total shareholder equity of A$34.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$35.1M and A$529.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.99m |
| Equity | AU$34.59m |
| Total liabilities | AU$529.61k |
| Total assets | AU$35.12m |
Financial Position Analysis
Short Term Liabilities: PNN's short term assets (A$4.6M) exceed its short term liabilities (A$518.2K).
Long Term Liabilities: PNN's short term assets (A$4.6M) exceed its long term liabilities (A$11.4K).
Debt to Equity History and Analysis
Debt Level: PNN is debt free.
Reducing Debt: PNN has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
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: PNN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PNN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.