Petro Matad Balance Sheet Health
Financial Health criteria checks 6/6
Petro Matad has a total shareholder equity of $21.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.4M and $348.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.03m |
Equity | US$21.06m |
Total liabilities | US$348.00k |
Total assets | US$21.40m |
Recent financial health updates
We Think Petro Matad (FRA:HA3) Can Easily Afford To Drive Business Growth
Dec 17Is Petro Matad (FRA:HA3) In A Good Position To Invest In Growth?
Jul 11Here's Why We're Not Too Worried About Petro Matad's (FRA:HA3) Cash Burn Situation
Mar 28We Think Petro Matad (FRA:HA3) Can Afford To Drive Business Growth
Dec 13Recent updates
We Think Petro Matad (FRA:HA3) Can Easily Afford To Drive Business Growth
Dec 17Estimating The Fair Value Of Petro Matad Limited (FRA:HA3)
Sep 02Is Petro Matad (FRA:HA3) In A Good Position To Invest In Growth?
Jul 11Here's Why We're Not Too Worried About Petro Matad's (FRA:HA3) Cash Burn Situation
Mar 28We Think Petro Matad (FRA:HA3) Can Afford To Drive Business Growth
Dec 13A Look At Petro Matad's (FRA:HA3) CEO Remuneration
Nov 18Financial Position Analysis
Short Term Liabilities: HA3's short term assets ($4.8M) exceed its short term liabilities ($348.0K).
Long Term Liabilities: HA3 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HA3 is debt free.
Reducing Debt: HA3 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: HA3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HA3 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 31.9% each year.