Minbos Resources Balance Sheet Health
Financial Health criteria checks 5/6
Minbos Resources has a total shareholder equity of A$27.0M and total debt of A$697.6K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are A$29.2M and A$2.2M respectively.
Key information
2.6%
Debt to equity ratio
AU$697.58k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.49m |
| Equity | AU$26.98m |
| Total liabilities | AU$2.25m |
| Total assets | AU$29.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNB's short term assets (A$4.6M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: MNB's short term assets (A$4.6M) exceed its long term liabilities (A$697.6K).
Debt to Equity History and Analysis
Debt Level: MNB has more cash than its total debt.
Reducing Debt: MNB's debt to equity ratio has increased from 0% to 2.6% 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: MNB has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MNB is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.