Lunnon Metals Balance Sheet Health
Financial Health criteria checks 6/6
Lunnon Metals has a total shareholder equity of A$46.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$47.1M and A$790.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$21.90m |
| Equity | AU$46.36m |
| Total liabilities | AU$790.22k |
| Total assets | AU$47.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LM8's short term assets (A$22.6M) exceed its short term liabilities (A$733.0K).
Long Term Liabilities: LM8's short term assets (A$22.6M) exceed its long term liabilities (A$57.2K).
Debt to Equity History and Analysis
Debt Level: LM8 is debt free.
Reducing Debt: LM8 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: LM8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LM8 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 48.1% each year.