Pivotal Metals Balance Sheet Health
Financial Health criteria checks 6/6
Pivotal Metals has a total shareholder equity of A$13.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.0M and A$481.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.88m |
Equity | AU$13.56m |
Total liabilities | AU$481.58k |
Total assets | AU$14.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PVT's short term assets (A$5.2M) exceed its short term liabilities (A$481.6K).
Long Term Liabilities: PVT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PVT is debt free.
Reducing Debt: PVT 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: PVT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PVT has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 17.5% each year.