Neometals Balance Sheet Health
Financial Health criteria checks 6/6
Neometals has a total shareholder equity of A$36.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$42.1M and A$5.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.65m |
| Equity | AU$36.48m |
| Total liabilities | AU$5.66m |
| Total assets | AU$42.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9R91's short term assets (A$30.8M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: 9R91's short term assets (A$30.8M) exceed its long term liabilities (A$4.0M).
Debt to Equity History and Analysis
Debt Level: 9R91 is debt free.
Reducing Debt: 9R91 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: 9R91 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 9R91 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.