Victory Metals Balance Sheet Health
Financial Health criteria checks 6/6
Victory Metals has a total shareholder equity of A$10.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.0M and A$539.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.89m |
| Equity | AU$10.49m |
| Total liabilities | AU$539.12k |
| Total assets | AU$11.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTM's short term assets (A$3.1M) exceed its short term liabilities (A$539.1K).
Long Term Liabilities: VTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VTM is debt free.
Reducing Debt: VTM had no debt 5 years ago.
Debt Coverage: VTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VTM has no debt, therefore coverage of interest payments is not a concern.