Enova Mining Balance Sheet Health
Financial Health criteria checks 5/6
Enova Mining has a total shareholder equity of A$8.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.0M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.67m |
| Equity | AU$8.33m |
| Total liabilities | AU$1.71m |
| Total assets | AU$10.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENV's short term assets (A$1.7M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: ENV's short term assets (A$1.7M) exceed its long term liabilities (A$20.0K).
Debt to Equity History and Analysis
Debt Level: ENV is debt free.
Reducing Debt: ENV has no debt compared to 5 years ago when its debt to equity ratio was 104.4%.
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: ENV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ENV has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.3% each year.