Eagle Mountain Mining Balance Sheet Health
Financial Health criteria checks 2/6
Eagle Mountain Mining has a total shareholder equity of A$1.3M and total debt of A$13.8M, which brings its debt-to-equity ratio to 1073.8%. Its total assets and total liabilities are A$15.7M and A$14.4M respectively.
Key information
1,073.8%
Debt to equity ratio
AU$13.79m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$525.53k |
| Equity | AU$1.28m |
| Total liabilities | AU$14.39m |
| Total assets | AU$15.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGMM.F's short term assets (A$627.9K) do not cover its short term liabilities (A$5.8M).
Long Term Liabilities: EGMM.F's short term assets (A$627.9K) do not cover its long term liabilities (A$8.6M).
Debt to Equity History and Analysis
Debt Level: EGMM.F's net debt to equity ratio (1032.9%) is considered high.
Reducing Debt: EGMM.F's debt to equity ratio has increased from 0.8% to 1073.8% 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: EGMM.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EGMM.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.