Mandrake Resources Balance Sheet Health
Financial Health criteria checks 6/6
Mandrake Resources has a total shareholder equity of A$23.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.9M and A$166.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.92m |
| Equity | AU$23.72m |
| Total liabilities | AU$166.80k |
| Total assets | AU$23.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQ4's short term assets (A$15.0M) exceed its short term liabilities (A$166.8K).
Long Term Liabilities: CQ4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CQ4 is debt free.
Reducing Debt: CQ4 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: CQ4 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CQ4 has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 35.3% each year.