Andromeda Metals Balance Sheet Health
Financial Health criteria checks 4/6
Andromeda Metals has a total shareholder equity of A$157.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$160.8M and A$2.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$8.38m |
Equity | AU$157.87m |
Total liabilities | AU$2.92m |
Total assets | AU$160.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANDM.F's short term assets (A$14.1M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: ANDM.F's short term assets (A$14.1M) exceed its long term liabilities (A$518.2K).
Debt to Equity History and Analysis
Debt Level: ANDM.F is debt free.
Reducing Debt: ANDM.F has not had any debt for 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: ANDM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ANDM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.9% each year