Meteoric Resources Balance Sheet Health
Financial Health criteria checks 6/6
Meteoric Resources has a total shareholder equity of A$26.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$33.9M and A$7.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$32.30m |
Equity | AU$26.88m |
Total liabilities | AU$7.03m |
Total assets | AU$33.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNF's short term assets (A$32.6M) exceed its short term liabilities (A$7.0M).
Long Term Liabilities: RNF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RNF is debt free.
Reducing Debt: RNF 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: RNF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RNF has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 34.2% each year.