Minera IRL Balance Sheet Health
Financial Health criteria checks 3/6
Minera IRL has a total shareholder equity of $27.5M and total debt of $103.1M, which brings its debt-to-equity ratio to 375.5%. Its total assets and total liabilities are $178.0M and $150.6M respectively.
Key information
375.5%
Debt to equity ratio
US$103.09m
Debt
| Interest coverage ratio | n/a |
| Cash | US$404.00k |
| Equity | US$27.45m |
| Total liabilities | US$150.56m |
| Total assets | US$178.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DZX's short term assets ($9.1M) do not cover its short term liabilities ($144.7M).
Long Term Liabilities: DZX's short term assets ($9.1M) exceed its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: DZX's net debt to equity ratio (374%) is considered high.
Reducing Debt: DZX's debt to equity ratio has increased from 139.9% to 375.5% 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: Whilst unprofitable DZX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DZX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.1% per year.