Hastings Technology Metals Balance Sheet Health
Financial Health criteria checks 4/6
Hastings Technology Metals has a total shareholder equity of A$293.9M and total debt of A$149.7M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are A$465.7M and A$171.7M respectively.
Key information
50.9%
Debt to equity ratio
AU$149.71m
Debt
Interest coverage ratio | n/a |
Cash | AU$38.76m |
Equity | AU$293.94m |
Total liabilities | AU$171.73m |
Total assets | AU$465.67m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AM's short term assets (A$47.4M) exceed its short term liabilities (A$17.9M).
Long Term Liabilities: 5AM's short term assets (A$47.4M) do not cover its long term liabilities (A$153.9M).
Debt to Equity History and Analysis
Debt Level: 5AM's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 5AM's debt to equity ratio has increased from 0% to 50.9% 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 4 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.