iTech Minerals Balance Sheet Health
Financial Health criteria checks 4/6
iTech Minerals has a total shareholder equity of A$20.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.2M and A$470.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.87m |
Equity | AU$20.77m |
Total liabilities | AU$470.66k |
Total assets | AU$21.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITMI.F's short term assets (A$4.0M) exceed its short term liabilities (A$404.8K).
Long Term Liabilities: ITMI.F's short term assets (A$4.0M) exceed its long term liabilities (A$65.9K).
Debt to Equity History and Analysis
Debt Level: ITMI.F is debt free.
Reducing Debt: ITMI.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: ITMI.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ITMI.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.6% each year