Eagle Mountain Mining Balance Sheet Health
Financial Health criteria checks 0/6
Eagle Mountain Mining has a total shareholder equity of A$3.2M and total debt of A$14.3M, which brings its debt-to-equity ratio to 447.4%. Its total assets and total liabilities are A$18.3M and A$15.1M respectively.
Key information
447.4%
Debt to equity ratio
AU$14.31m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.12m |
| Equity | AU$3.20m |
| Total liabilities | AU$15.07m |
| Total assets | AU$18.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EM2's short term assets (A$3.2M) do not cover its short term liabilities (A$6.2M).
Long Term Liabilities: EM2's short term assets (A$3.2M) do not cover its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: EM2's net debt to equity ratio (349.9%) is considered high.
Reducing Debt: EM2's debt to equity ratio has increased from 1.1% to 447.4% 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: EM2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EM2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20% each year