Vital Metals Balance Sheet Health
Financial Health criteria checks 3/6
Vital Metals has a total shareholder equity of A$59.2M and total debt of A$637.1K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are A$62.2M and A$3.0M respectively.
Key information
1.1%
Debt to equity ratio
AU$637.10k
Debt
Interest coverage ratio | n/a |
Cash | AU$4.20m |
Equity | AU$59.16m |
Total liabilities | AU$3.04m |
Total assets | AU$62.19m |
Recent financial health updates
Companies Like Vital Metals (ASX:VML) Could Be Quite Risky
Sep 29Companies Like Vital Metals (ASX:VML) Could Be Quite Risky
Jun 12Here's Why We're Not Too Worried About Vital Metals' (ASX:VML) Cash Burn Situation
Feb 15Companies Like Vital Metals (ASX:VML) Are In A Position To Invest In Growth
Oct 20Recent updates
Companies Like Vital Metals (ASX:VML) Could Be Quite Risky
Sep 29Companies Like Vital Metals (ASX:VML) Could Be Quite Risky
Jun 12Here's Why We're Not Too Worried About Vital Metals' (ASX:VML) Cash Burn Situation
Feb 15Companies Like Vital Metals (ASX:VML) Are In A Position To Invest In Growth
Oct 20Did Vital Metals Limited (ASX:VML) Insiders Buy Up More Shares?
Jan 20Financial Position Analysis
Short Term Liabilities: VML's short term assets (A$6.5M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: VML's short term assets (A$6.5M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: VML has more cash than its total debt.
Reducing Debt: VML's debt to equity ratio has increased from 0% to 1.1% 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: VML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.3% each year