Zenith Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Zenith Minerals has a total shareholder equity of A$14.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.5M and A$435.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.86m |
| Equity | AU$14.04m |
| Total liabilities | AU$435.43k |
| Total assets | AU$14.47m |
Financial Position Analysis
Short Term Liabilities: ZNC's short term assets (A$4.6M) exceed its short term liabilities (A$435.4K).
Long Term Liabilities: ZNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZNC is debt free.
Reducing Debt: ZNC 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: ZNC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZNC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.