Energy Transition Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Energy Transition Minerals has a total shareholder equity of A$18.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.0M and A$2.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.15m |
| Equity | AU$18.84m |
| Total liabilities | AU$2.17m |
| Total assets | AU$21.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETM's short term assets (A$16.3M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: ETM's short term assets (A$16.3M) exceed its long term liabilities (A$17.0K).
Debt to Equity History and Analysis
Debt Level: ETM is debt free.
Reducing Debt: ETM 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: ETM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ETM has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 6.1% each year.