Nexus Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Nexus Minerals has a total shareholder equity of A$7.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.5M and A$430.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.71m |
Equity | AU$7.11m |
Total liabilities | AU$430.04k |
Total assets | AU$7.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YAK's short term assets (A$5.9M) exceed its short term liabilities (A$373.8K).
Long Term Liabilities: YAK's short term assets (A$5.9M) exceed its long term liabilities (A$56.3K).
Debt to Equity History and Analysis
Debt Level: YAK is debt free.
Reducing Debt: YAK 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: YAK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: YAK has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 37.8% each year.