Macarthur Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Macarthur Minerals has a total shareholder equity of A$75.6M and total debt of A$629.8K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are A$77.2M and A$1.6M respectively.
Key information
0.8%
Debt to equity ratio
AU$629.81k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$16.04k |
| Equity | AU$75.59m |
| Total liabilities | AU$1.60m |
| Total assets | AU$77.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMSD.F's short term assets (A$955.6K) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: MMSD.F's short term assets (A$955.6K) exceed its long term liabilities (A$24.0K).
Debt to Equity History and Analysis
Debt Level: MMSD.F's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: MMSD.F's debt to equity ratio has reduced from 11.5% to 0.8% 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: MMSD.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MMSD.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 1% each year.