Mayur Resources Balance Sheet Health
Financial Health criteria checks 2/6
Mayur Resources has a total shareholder equity of A$44.4M and total debt of A$13.0M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are A$62.0M and A$17.6M respectively.
Key information
29.2%
Debt to equity ratio
AU$12.98m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.80m |
| Equity | AU$44.44m |
| Total liabilities | AU$17.56m |
| Total assets | AU$62.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRL's short term assets (A$9.4M) do not cover its short term liabilities (A$17.5M).
Long Term Liabilities: MRL's short term assets (A$9.4M) exceed its long term liabilities (A$19.8K).
Debt to Equity History and Analysis
Debt Level: MRL's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: MRL's debt to equity ratio has increased from 0% to 29.2% 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: MRL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MRL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.6% each year