Matsa Resources Balance Sheet Health
Financial Health criteria checks 1/6
Matsa Resources has a total shareholder equity of A$12.5M and total debt of A$5.0M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are A$22.8M and A$10.3M respectively.
Key information
40.3%
Debt to equity ratio
AU$5.03m
Debt
Interest coverage ratio | n/a |
Cash | AU$746.90k |
Equity | AU$12.47m |
Total liabilities | AU$10.33m |
Total assets | AU$22.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KB2's short term assets (A$1.0M) do not cover its short term liabilities (A$3.5M).
Long Term Liabilities: KB2's short term assets (A$1.0M) do not cover its long term liabilities (A$6.8M).
Debt to Equity History and Analysis
Debt Level: KB2's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: KB2's debt to equity ratio has increased from 16.6% to 40.3% 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: KB2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KB2 has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.7% each year.