Mt Malcolm Mines Balance Sheet Health
Financial Health criteria checks 4/6
Mt Malcolm Mines has a total shareholder equity of A$8.1M and total debt of A$211.2K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are A$9.4M and A$1.2M respectively.
Key information
2.6%
Debt to equity ratio
AU$211.19k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$640.35k |
| Equity | AU$8.14m |
| Total liabilities | AU$1.23m |
| Total assets | AU$9.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2M's short term assets (A$764.1K) do not cover its short term liabilities (A$1.2M).
Long Term Liabilities: M2M's short term assets (A$764.1K) exceed its long term liabilities (A$21.6K).
Debt to Equity History and Analysis
Debt Level: M2M has more cash than its total debt.
Reducing Debt: Insufficient data to determine if M2M'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: M2M has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: M2M is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.