Desert Metals Balance Sheet Health
Financial Health criteria checks 4/6
Desert Metals has a total shareholder equity of A$6.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.8M and A$377.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.67m |
Equity | AU$6.40m |
Total liabilities | AU$377.00k |
Total assets | AU$6.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DM1's short term assets (A$2.7M) exceed its short term liabilities (A$377.0K).
Long Term Liabilities: DM1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DM1 is debt free.
Reducing Debt: DM1 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: DM1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DM1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.9% each year