accaeric - I'm no balance sheet expert. I left out 'provisions'...

accaeric - I'm no balance sheet expert. I left out 'provisions' because I read it as liabilities that didn't exist yet, hence it's more of a future liability than a current one (even though it appears under 'current liabilities'). Bear in mind I'm looking for net cash position. Maybe I should have included it, which would make the net cash figure worse. I left out 'loans and borrowings' on the liabilities side, because I read it as money that would have to be repaid in future but was not a current liability, ie. it could or should be paid from future earnings. I don't see why it should be counted as a cash asset, because any unused loan should show up in 'cash'.
'Inventory' is very high which suggests that a lot of money has been spent on making stuff which they haven't sold yet. If they can sell it, ie. convert it to cash, they can cover the $10m cash shortfall ($20m if you include 'provisions') and they are OK. If they can't sell it, they are in trouble?