Mamba Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Mamba Exploration has a total shareholder equity of A$4.5M and total debt of A$12.9K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are A$4.7M and A$217.4K respectively.
Key information
0.3%
Debt to equity ratio
AU$12.87k
Debt
Interest coverage ratio | n/a |
Cash | AU$169.87k |
Equity | AU$4.48m |
Total liabilities | AU$217.38k |
Total assets | AU$4.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M24's short term assets (A$258.8K) exceed its short term liabilities (A$217.4K).
Long Term Liabilities: M24 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: M24 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if M24's debt to equity ratio has reduced over the 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: M24 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: M24 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.