Orion Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Orion Minerals has a total shareholder equity of A$92.9M and total debt of A$24.3M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are A$136.6M and A$43.7M respectively.
Key information
26.1%
Debt to equity ratio
AU$24.26m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.27m |
| Equity | AU$92.94m |
| Total liabilities | AU$43.66m |
| Total assets | AU$136.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORN's short term assets (A$18.2M) exceed its short term liabilities (A$4.4M).
Long Term Liabilities: ORN's short term assets (A$18.2M) do not cover its long term liabilities (A$39.3M).
Debt to Equity History and Analysis
Debt Level: ORN's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: ORN's debt to equity ratio has reduced from 47.6% to 26.1% 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: ORN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ORN is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.