De.mem Balance Sheet Health
Financial Health criteria checks 6/6
De.mem has a total shareholder equity of A$13.7M and total debt of A$399.0K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are A$20.9M and A$7.2M respectively.
Key information
2.9%
Debt to equity ratio
AU$399.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.92m |
| Equity | AU$13.68m |
| Total liabilities | AU$7.18m |
| Total assets | AU$20.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DM2's short term assets (A$10.5M) exceed its short term liabilities (A$5.5M).
Long Term Liabilities: DM2's short term assets (A$10.5M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: DM2 has more cash than its total debt.
Reducing Debt: DM2's debt to equity ratio has reduced from 9.5% to 2.9% 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: DM2 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DM2 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 2.2% each year.