Macro Metals Balance Sheet Health

Financial Health criteria checks 6/6

Macro Metals has a total shareholder equity of A$8.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.4M and A$760.2K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$3.82m
Equity	AU$8.65m
Total liabilities	AU$760.21k
Total assets	AU$9.41m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: M4M's short term assets (A$4.0M) exceed its short term liabilities (A$760.2K).

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 more than a year based on its current free cash flow.

Forecast Cash Runway: M4M has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 6.3% each year.

Macro Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Macro Metals Limited (ASX:M4M) agreed to acquire 80% stake in Tenements of WA Limestone Pty Ltd.

Macro Metals Limited, Annual General Meeting, Nov 26, 2024

New major risk - Revenue and earnings growth

Non-Executive Director recently bought AU$324k worth of stock

Insider recently bought AU$70k worth of stock

Macro Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.3 million.

Macro Metals Limited Announces That Heritage Survey Clearances Have Been Received for the Priority Drill Targets At the Mogul Vms Project in the Pilbara Region of Western Australia

New major risk - Shareholder dilution

Macro Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.35 million.

Macro Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.35 million.

Macro Metals Limited, Annual General Meeting, Nov 17, 2023

New minor risk - Financial data availability

New minor risk - Financial data availability

Less than half of directors are independent

Macro Metals Limited Announces Change of Company Secretary

Insider recently sold AU$51k worth of stock

Less than half of directors are independent

Kogi Iron Limited, Annual General Meeting, Nov 29, 2022

Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.003 loss in FY 2021)

Kogi Iron Limited (ASX:KFE) acquired MOGUL COPPER-ZINC VMS PROJECT from Mining Equities Pty Ltd for AUD 0.01 million.

Kogi Iron Limited Announces Board Changes

Kogi Iron Limited Announces Change of Principal Place of Business

Kogi Iron Limited Announces Board Changes

Less than half of directors are independent

Kogi Iron Limited, Annual General Meeting, May 31, 2022

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Kogi Iron Limited Announces Management Changes

Kogi Iron Limited (ASX:KFE) entered into a binding terms sheet to acquire Macro Metals Limited for AUD 6.3 million.

Kogi Iron Limited Commences the Initial Steps of Phase 1 of the Project Feasibility Study

Kogi Iron Limited Approves Appointment of Directors

Kogi Iron Limited Announces Board Changes

Kogi Iron Limited Announces Resignation of David Turvey as Managing Director

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies