Andrada Mining Balance Sheet Health
Financial Health criteria checks 4/6
Andrada Mining has a total shareholder equity of £32.1M and total debt of £13.9M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are £66.2M and £34.1M respectively.
Key information
43.5%
Debt to equity ratio
UK£13.95m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£14.51m |
| Equity | UK£32.05m |
| Total liabilities | UK£34.14m |
| Total assets | UK£66.20m |
Financial Position Analysis
Short Term Liabilities: ATM's short term assets (£23.5M) exceed its short term liabilities (£12.2M).
Long Term Liabilities: ATM's short term assets (£23.5M) exceed its long term liabilities (£21.9M).
Debt to Equity History and Analysis
Debt Level: ATM has more cash than its total debt.
Reducing Debt: ATM's debt to equity ratio has increased from 0% to 43.5% 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: ATM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ATM has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 22.1% each year.