Musgrave Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Musgrave Minerals has a total shareholder equity of A$55.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$56.5M and A$1.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.76m |
| Equity | AU$55.10m |
| Total liabilities | AU$1.44m |
| Total assets | AU$56.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGV's short term assets (A$9.2M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: MGV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MGV is debt free.
Reducing Debt: MGV has not had any debt for 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: MGV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MGV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 18.6% each year.