Mayur Resources Balance Sheet Health
Financial Health criteria checks 4/6
Mayur Resources has a total shareholder equity of A$33.6M and total debt of A$8.5M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are A$48.1M and A$14.6M respectively.
Key information
25.3%
Debt to equity ratio
AU$8.49m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.01m |
Equity | AU$33.56m |
Total liabilities | AU$14.56m |
Total assets | AU$48.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRL's short term assets (A$4.8M) do not cover its short term liabilities (A$11.3M).
Long Term Liabilities: MRL's short term assets (A$4.8M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: MRL's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: MRL's debt to equity ratio has increased from 5.9% to 25.3% 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: MRL has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MRL is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.