Legend Mining Balance Sheet Health
Financial Health criteria checks 6/6
Legend Mining has a total shareholder equity of A$49.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$49.8M and A$582.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.07m |
| Equity | AU$49.26m |
| Total liabilities | AU$582.55k |
| Total assets | AU$49.84m |
Recent financial health updates
We Think Legend Mining (ASX:LEG) Can Afford To Drive Business Growth
Aug 22
We're Not Very Worried About Legend Mining's (ASX:LEG) Cash Burn Rate
Apr 09Companies Like Legend Mining (ASX:LEG) Can Afford To Invest In Growth
Nov 04Here's Why We're Not Too Worried About Legend Mining's (ASX:LEG) Cash Burn Situation
Jul 21We're Hopeful That Legend Mining (ASX:LEG) Will Use Its Cash Wisely
Mar 24Here's Why We're Not At All Concerned With Legend Mining's (ASX:LEG) Cash Burn Situation
Mar 17Recent updates
We Think Legend Mining (ASX:LEG) Can Afford To Drive Business Growth
Aug 22We're Not Very Worried About Legend Mining's (ASX:LEG) Cash Burn Rate
Apr 09Companies Like Legend Mining (ASX:LEG) Can Afford To Invest In Growth
Nov 04Here's Why We're Not Too Worried About Legend Mining's (ASX:LEG) Cash Burn Situation
Jul 21We're Hopeful That Legend Mining (ASX:LEG) Will Use Its Cash Wisely
Mar 24Here's Why We're Not At All Concerned With Legend Mining's (ASX:LEG) Cash Burn Situation
Mar 17We're Interested To See How Legend Mining (ASX:LEG) Uses Its Cash Hoard To Grow
Nov 25We Think Legend Mining (ASX:LEG) Can Easily Afford To Drive Business Growth
Aug 11Legend Mining (ASX:LEG) Is In A Strong Position To Grow Its Business
Mar 22Here's Why We're Not Too Worried About Legend Mining's (ASX:LEG) Cash Burn Situation
Dec 07Financial Position Analysis
Short Term Liabilities: LEG's short term assets (A$13.3M) exceed its short term liabilities (A$417.3K).
Long Term Liabilities: LEG's short term assets (A$13.3M) exceed its long term liabilities (A$165.3K).
Debt to Equity History and Analysis
Debt Level: LEG is debt free.
Reducing Debt: LEG 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: Whilst unprofitable LEG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LEG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.2% per year.