Viridis Mining and Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Viridis Mining and Minerals has a total shareholder equity of A$20.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.7M and A$979.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.23m |
| Equity | AU$20.70m |
| Total liabilities | AU$979.62k |
| Total assets | AU$21.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMM's short term assets (A$5.5M) exceed its short term liabilities (A$753.4K).
Long Term Liabilities: VMM's short term assets (A$5.5M) exceed its long term liabilities (A$226.2K).
Debt to Equity History and Analysis
Debt Level: VMM is debt free.
Reducing Debt: VMM 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: VMM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VMM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 73% each year