Maximus Resources Balance Sheet Health
Financial Health criteria checks 4/6
Maximus Resources has a total shareholder equity of A$18.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.1M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.80m |
| Equity | AU$18.80m |
| Total liabilities | AU$1.26m |
| Total assets | AU$20.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MXR's short term assets (A$4.9M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: MXR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MXR is debt free.
Reducing Debt: MXR has no debt compared to 5 years ago when its debt to equity ratio was 10.3%.
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: MXR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MXR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.3% each year