Essential Metals Balance Sheet Health
Financial Health criteria checks 6/6
Essential Metals has a total shareholder equity of A$28.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$29.8M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.97m |
| Equity | AU$28.08m |
| Total liabilities | AU$1.74m |
| Total assets | AU$29.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESS's short term assets (A$9.0M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: ESS's short term assets (A$9.0M) exceed its long term liabilities (A$209.0K).
Debt to Equity History and Analysis
Debt Level: ESS is debt free.
Reducing Debt: ESS had no debt 5 years ago.
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: ESS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ESS has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 3.7% each year.