Metals Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Metals Acquisition has a total shareholder equity of $268.0M and total debt of $463.9M, which brings its debt-to-equity ratio to 173.1%. Its total assets and total liabilities are $1.3B and $1.0B respectively.
Key information
173.1%
Debt to equity ratio
US$463.88m
Debt
Interest coverage ratio | n/a |
Cash | US$32.37m |
Equity | US$268.03m |
Total liabilities | US$1.04b |
Total assets | US$1.31b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTAL's short term assets ($88.9M) do not cover its short term liabilities ($290.9M).
Long Term Liabilities: MTAL's short term assets ($88.9M) do not cover its long term liabilities ($747.0M).
Debt to Equity History and Analysis
Debt Level: MTAL's net debt to equity ratio (161%) is considered high.
Reducing Debt: Insufficient data to determine if MTAL's debt to equity ratio has reduced 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: MTAL has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if MTAL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.