Technology Metals Australia Balance Sheet Health
Financial Health criteria checks 6/6
Technology Metals Australia has a total shareholder equity of A$53.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$55.3M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.85m |
| Equity | AU$53.51m |
| Total liabilities | AU$1.81m |
| Total assets | AU$55.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMT's short term assets (A$13.0M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: TMT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMT is debt free.
Reducing Debt: TMT has not had any debt for 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: TMT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TMT has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 29.4% each year.