Somerset Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Somerset Minerals has a total shareholder equity of A$14.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.4M and A$8.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$177.76k |
| Equity | AU$14.16m |
| Total liabilities | AU$8.29m |
| Total assets | AU$22.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMRF.F's short term assets (A$410.2K) do not cover its short term liabilities (A$784.3K).
Long Term Liabilities: TMRF.F's short term assets (A$410.2K) do not cover its long term liabilities (A$7.5M).
Debt to Equity History and Analysis
Debt Level: TMRF.F is debt free.
Reducing Debt: TMRF.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: TMRF.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMRF.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.