Vault Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Vault Minerals has a total shareholder equity of A$1.6B and total debt of A$92.7M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are A$2.2B and A$546.8M respectively. Vault Minerals's EBIT is A$54.1M making its interest coverage ratio 3.2. It has cash and short-term investments of A$428.8M.
Key information
5.7%
Debt to equity ratio
AU$92.72m
Debt
| Interest coverage ratio | 3.2x |
| Cash | AU$428.81m |
| Equity | AU$1.62b |
| Total liabilities | AU$546.80m |
| Total assets | AU$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAU's short term assets (A$607.2M) exceed its short term liabilities (A$351.0M).
Long Term Liabilities: VAU's short term assets (A$607.2M) exceed its long term liabilities (A$195.8M).
Debt to Equity History and Analysis
Debt Level: VAU has more cash than its total debt.
Reducing Debt: VAU's debt to equity ratio has reduced from 12.8% to 5.7% 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: Whilst unprofitable VAU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VAU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.4% per year.