Hastings Technology Metals Balance Sheet Health
Financial Health criteria checks 3/6
Hastings Technology Metals has a total shareholder equity of A$296.4M and total debt of A$168.4M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are A$480.0M and A$183.6M respectively.
Key information
56.8%
Debt to equity ratio
AU$168.37m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.89m |
| Equity | AU$296.42m |
| Total liabilities | AU$183.59m |
| Total assets | AU$480.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AM's short term assets (A$25.3M) exceed its short term liabilities (A$11.3M).
Long Term Liabilities: 5AM's short term assets (A$25.3M) do not cover its long term liabilities (A$172.3M).
Debt to Equity History and Analysis
Debt Level: 5AM's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: 5AM's debt to equity ratio has increased from 0% to 56.8% 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: 5AM has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 5AM is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.