Macro Metals Balance Sheet Health
Financial Health criteria checks 6/6
Macro Metals has a total shareholder equity of A$6.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.1M and A$365.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.47m |
Equity | AU$6.78m |
Total liabilities | AU$365.27k |
Total assets | AU$7.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M4M's short term assets (A$1.5M) exceed its short term liabilities (A$365.3K).
Long Term Liabilities: M4M has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: M4M is debt free.
Reducing Debt: M4M 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: M4M has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: M4M is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.