High-Tech Metals Balance Sheet Health
Financial Health criteria checks 6/6
High-Tech Metals has a total shareholder equity of A$3.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.5M and A$604.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.32m |
| Equity | AU$3.90m |
| Total liabilities | AU$604.28k |
| Total assets | AU$4.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTM's short term assets (A$2.4M) exceed its short term liabilities (A$523.2K).
Long Term Liabilities: HTM's short term assets (A$2.4M) exceed its long term liabilities (A$81.0K).
Debt to Equity History and Analysis
Debt Level: HTM is debt free.
Reducing Debt: HTM 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: HTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HTM has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 85.9% each year.