Mamba Exploration Balance Sheet Health
Financial Health criteria checks 3/6
Mamba Exploration has a total shareholder equity of A$7.1M and total debt of A$36.7K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$7.4M and A$332.6K respectively.
Key information
0.5%
Debt to equity ratio
AU$36.66k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$825.97k |
| Equity | AU$7.06m |
| Total liabilities | AU$332.60k |
| Total assets | AU$7.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M24's short term assets (A$1.1M) exceed its short term liabilities (A$332.6K).
Long Term Liabilities: M24's short term assets (A$1.1M) exceed its long term liabilities (A$1.0).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: M24 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.5% each year