Elementos Balance Sheet Health
Financial Health criteria checks 3/6
Elementos has a total shareholder equity of A$20.0M and total debt of A$1,000.0K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are A$21.9M and A$2.0M respectively.
Key information
5.0%
Debt to equity ratio
AU$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$503.21k |
| Equity | AU$19.96m |
| Total liabilities | AU$1.98m |
| Total assets | AU$21.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELT's short term assets (A$766.7K) do not cover its short term liabilities (A$968.4K).
Long Term Liabilities: ELT's short term assets (A$766.7K) do not cover its long term liabilities (A$1.0M).
Debt to Equity History and Analysis
Debt Level: ELT's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: ELT's debt to equity ratio has increased from 0% to 5% 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: ELT has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ELT is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.