Vital Metals Balance Sheet Health
Financial Health criteria checks 3/6
Vital Metals has a total shareholder equity of A$58.1M and total debt of A$520.9K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are A$60.5M and A$2.4M respectively.
Key information
0.9%
Debt to equity ratio
AU$520.94k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.53m |
| Equity | AU$58.08m |
| Total liabilities | AU$2.44m |
| Total assets | AU$60.52m |
Recent financial health updates
Companies Like Vital Metals (ASX:VML) Could Be Quite Risky
Sep 29
Companies 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$4.8M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: VML's short term assets (A$4.8M) exceed its long term liabilities (A$1.3M).
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 0.9% 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 34.5% each year