29Metals Balance Sheet Health
Financial Health criteria checks 4/6
29Metals has a total shareholder equity of A$422.3M and total debt of A$217.2M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are A$981.2M and A$558.9M respectively.
Key information
51.4%
Debt to equity ratio
AU$217.21m
Debt
Interest coverage ratio | n/a |
Cash | AU$174.36m |
Equity | AU$422.34m |
Total liabilities | AU$558.86m |
Total assets | AU$981.21m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TWNM.F's short term assets (A$306.7M) exceed its short term liabilities (A$260.5M).
Long Term Liabilities: TWNM.F's short term assets (A$306.7M) exceed its long term liabilities (A$298.4M).
Debt to Equity History and Analysis
Debt Level: TWNM.F's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TWNM.F's debt to equity ratio has reduced 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: TWNM.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TWNM.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.