Polymetals Resources Balance Sheet Health
Financial Health criteria checks 2/6
Polymetals Resources has a total shareholder equity of A$19.8M and total debt of A$1.2M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are A$22.5M and A$2.7M respectively.
Key information
5.8%
Debt to equity ratio
AU$1.15m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.22m |
Equity | AU$19.80m |
Total liabilities | AU$2.66m |
Total assets | AU$22.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POL's short term assets (A$1.3M) do not cover its short term liabilities (A$2.7M).
Long Term Liabilities: POL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: POL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if POL's debt to equity ratio has reduced 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: POL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: POL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.6% each year