Medallion Metals Balance Sheet Health
Financial Health criteria checks 5/6
Medallion Metals has a total shareholder equity of A$11.9M and total debt of A$2.9M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are A$16.4M and A$4.5M respectively.
Key information
24.4%
Debt to equity ratio
AU$2.92m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.71m |
| Equity | AU$11.94m |
| Total liabilities | AU$4.48m |
| Total assets | AU$16.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MM8's short term assets (A$1.9M) exceed its short term liabilities (A$801.1K).
Long Term Liabilities: MM8's short term assets (A$1.9M) do not cover its long term liabilities (A$3.7M).
Debt to Equity History and Analysis
Debt Level: MM8's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: MM8's debt to equity ratio has reduced from 213.4% to 24.4% 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: MM8 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MM8 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.