Metro Mining Balance Sheet Health
Financial Health criteria checks 0/6
Metro Mining has a total shareholder equity of A$21.9M and total debt of A$87.2M, which brings its debt-to-equity ratio to 398.3%. Its total assets and total liabilities are A$221.7M and A$199.8M respectively.
Key information
398.3%
Debt to equity ratio
AU$87.22m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.38m |
| Equity | AU$21.90m |
| Total liabilities | AU$199.80m |
| Total assets | AU$221.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMI's short term assets (A$42.9M) do not cover its short term liabilities (A$111.7M).
Long Term Liabilities: MMI's short term assets (A$42.9M) do not cover its long term liabilities (A$88.1M).
Debt to Equity History and Analysis
Debt Level: MMI's net debt to equity ratio (337.2%) is considered high.
Reducing Debt: MMI's debt to equity ratio has increased from 36.2% to 398.3% 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: MMI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MMI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.