NT Minerals Balance Sheet Health
Financial Health criteria checks 3/6
NT Minerals has a total shareholder equity of A$10.9M and total debt of A$360.5K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are A$11.9M and A$1.0M respectively.
Key information
3.3%
Debt to equity ratio
AU$360.50k
Debt
Interest coverage ratio | n/a |
Cash | AU$157.62k |
Equity | AU$10.88m |
Total liabilities | AU$1.01m |
Total assets | AU$11.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTM's short term assets (A$375.5K) do not cover its short term liabilities (A$778.4K).
Long Term Liabilities: NTM's short term assets (A$375.5K) exceed its long term liabilities (A$229.5K).
Debt to Equity History and Analysis
Debt Level: NTM's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: NTM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: NTM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NTM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.3% each year