Matsa Resources Balance Sheet Health

Financial Health criteria checks 3/6

Matsa Resources has a total shareholder equity of A$13.1M and total debt of A$5.5M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are A$23.3M and A$10.2M respectively.

Key information

42.5%

Debt to equity ratio

AU$5.55m

Debt

Interest coverage ration/a
CashAU$1.04m
EquityAU$13.07m
Total liabilitiesAU$10.21m
Total assetsAU$23.28m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MAT's short term assets (A$1.6M) do not cover its short term liabilities (A$3.3M).

Long Term Liabilities: MAT's short term assets (A$1.6M) do not cover its long term liabilities (A$6.9M).


Debt to Equity History and Analysis

Debt Level: MAT's net debt to equity ratio (34.5%) is considered satisfactory.

Reducing Debt: MAT's debt to equity ratio has increased from 29.9% to 42.5% 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: MAT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MAT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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