Red Mountain Mining Balance Sheet Health
Financial Health criteria checks 4/6
Red Mountain Mining has a total shareholder equity of A$2.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.5M and A$218.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$479.75k |
| Equity | AU$2.28m |
| Total liabilities | AU$218.18k |
| Total assets | AU$2.50m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RMXDD's short term assets (A$618.8K) exceed its short term liabilities (A$194.5K).
Long Term Liabilities: RMXDD's short term assets (A$618.8K) exceed its long term liabilities (A$23.7K).
Debt to Equity History and Analysis
Debt Level: RMXDD is debt free.
Reducing Debt: RMXDD 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: RMXDD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RMXDD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.4% each year