Cooper Metals Balance Sheet Health
Financial Health criteria checks 6/6
Cooper Metals has a total shareholder equity of A$8.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.9M and A$225.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.84m |
| Equity | AU$8.65m |
| Total liabilities | AU$225.70k |
| Total assets | AU$8.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPM's short term assets (A$1.9M) exceed its short term liabilities (A$225.7K).
Long Term Liabilities: CPM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CPM is debt free.
Reducing Debt: CPM 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: CPM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CPM has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 50.9% each year.