Neometals Balance Sheet Health
Financial Health criteria checks 5/6
Neometals has a total shareholder equity of A$84.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$86.7M and A$2.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$19.83m |
Equity | AU$84.14m |
Total liabilities | AU$2.54m |
Total assets | AU$86.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9R9's short term assets (A$22.2M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: 9R9's short term assets (A$22.2M) exceed its long term liabilities (A$557.3K).
Debt to Equity History and Analysis
Debt Level: 9R9 is debt free.
Reducing Debt: 9R9 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: 9R9 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9R9 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 12% each year.