Technology Metals Australia Limited

ASX:TMT Stock Report

Market Cap: AU$67.1m

Technology Metals Australia Balance Sheet Health

Financial Health criteria checks 6/6

Technology Metals Australia has a total shareholder equity of A$53.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$55.3M and A$1.8M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$11.85m
EquityAU$53.51m
Total liabilitiesAU$1.81m
Total assetsAU$55.31m

Recent financial health updates

Recent updates

We're Interested To See How Technology Metals Australia (ASX:TMT) Uses Its Cash Hoard To Grow

Jun 22
We're Interested To See How Technology Metals Australia (ASX:TMT) Uses Its Cash Hoard To Grow

Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

Mar 08
Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

We're Hopeful That Technology Metals Australia (ASX:TMT) Will Use Its Cash Wisely

Jul 08
We're Hopeful That Technology Metals Australia (ASX:TMT) Will Use Its Cash Wisely

Companies Like Technology Metals Australia (ASX:TMT) Are In A Position To Invest In Growth

Mar 22
Companies Like Technology Metals Australia (ASX:TMT) Are In A Position To Invest In Growth

Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

Aug 31
Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

May 12
Companies Like Technology Metals Australia (ASX:TMT) Can Afford To Invest In Growth

How Many Technology Metals Australia Limited (ASX:TMT) Shares Did Insiders Buy, In The Last Year?

Mar 16
How Many Technology Metals Australia Limited (ASX:TMT) Shares Did Insiders Buy, In The Last Year?

Financial Position Analysis

Short Term Liabilities: TMT's short term assets (A$13.0M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: TMT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TMT is debt free.

Reducing Debt: TMT has not had any debt for 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: TMT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TMT has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 29.4% each year.


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.