Navarre Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Navarre Minerals has a total shareholder equity of A$84.6M and total debt of A$33.1M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are A$193.6M and A$109.0M respectively.
Key information
39.2%
Debt to equity ratio
AU$33.15m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$139.69k |
| Equity | AU$84.55m |
| Total liabilities | AU$109.03m |
| Total assets | AU$193.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NML's short term assets (A$29.6M) do not cover its short term liabilities (A$30.9M).
Long Term Liabilities: NML's short term assets (A$29.6M) do not cover its long term liabilities (A$78.1M).
Debt to Equity History and Analysis
Debt Level: NML's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: NML's debt to equity ratio has increased from 0% to 39.2% 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: NML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.5% each year