Cygnus Metals Balance Sheet Health
Financial Health criteria checks 6/6
Cygnus Metals has a total shareholder equity of A$17.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.4M and A$4.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.53m |
| Equity | AU$17.40m |
| Total liabilities | AU$4.00m |
| Total assets | AU$21.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CYGG.F's short term assets (A$15.3M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: CYGG.F's short term assets (A$15.3M) exceed its long term liabilities (A$440.8K).
Debt to Equity History and Analysis
Debt Level: CYGG.F is debt free.
Reducing Debt: CYGG.F had no debt 5 years ago.
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: CYGG.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CYGG.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 20.4% each year.