Many Peaks Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Many Peaks Minerals has a total shareholder equity of A$7.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.6M and A$283.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.63m |
| Equity | AU$7.28m |
| Total liabilities | AU$283.52k |
| Total assets | AU$7.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPK's short term assets (A$5.7M) exceed its short term liabilities (A$283.5K).
Long Term Liabilities: MPK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MPK is debt free.
Reducing Debt: MPK 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: MPK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MPK has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 62.3% each year.