Cyclone Metals Balance Sheet Health
Financial Health criteria checks 6/6
Cyclone Metals has a total shareholder equity of A$12.6M and total debt of A$1.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are A$14.8M and A$2.2M respectively.
Key information
12.6%
Debt to equity ratio
AU$1.59m
Debt
Interest coverage ratio | n/a |
Cash | AU$9.11m |
Equity | AU$12.64m |
Total liabilities | AU$2.18m |
Total assets | AU$14.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HM5's short term assets (A$9.3M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: HM5 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HM5 has more cash than its total debt.
Reducing Debt: HM5's debt to equity ratio has reduced from 37% to 12.6% 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: HM5 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HM5 has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 7.1% each year.