Immuron Balance Sheet Health
Financial Health criteria checks 6/6
Immuron has a total shareholder equity of A$12.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.5M and A$2.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.66m |
| Equity | AU$12.71m |
| Total liabilities | AU$2.84m |
| Total assets | AU$15.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMC's short term assets (A$14.7M) exceed its short term liabilities (A$2.7M).
Long Term Liabilities: IMC's short term assets (A$14.7M) exceed its long term liabilities (A$141.5K).
Debt to Equity History and Analysis
Debt Level: IMC is debt free.
Reducing Debt: IMC had no debt 5 years ago.
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: IMC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IMC has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 9.9% each year.