Anglesey Mining Balance Sheet Health
Financial Health criteria checks 4/6
Anglesey Mining has a total shareholder equity of £14.5M and total debt of £3.9M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are £18.9M and £4.4M respectively.
Key information
27.0%
Debt to equity ratio
UK£3.91m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£219.69k |
| Equity | UK£14.49m |
| Total liabilities | UK£4.37m |
| Total assets | UK£18.86m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AYM's short term assets (£269.9K) do not cover its short term liabilities (£405.7K).
Long Term Liabilities: AYM's short term assets (£269.9K) do not cover its long term liabilities (£4.0M).
Debt to Equity History and Analysis
Debt Level: AYM's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: AYM's debt to equity ratio has reduced from 31.5% to 27% 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: AYM has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AYM is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.