Oldfields Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Oldfields Holdings has a total shareholder equity of A$-5.3M and total debt of A$5.8M, which brings its debt-to-equity ratio to -109.1%. Its total assets and total liabilities are A$20.9M and A$26.2M respectively.
Key information
-109.1%
Debt to equity ratio
AU$5.77m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$830.00k |
| Equity | -AU$5.29m |
| Total liabilities | AU$26.17m |
| Total assets | AU$20.88m |
Recent financial health updates
Oldfields Holdings (ASX:OLH) Has Debt But No Earnings; Should You Worry?
May 10
Is Oldfields Holdings (ASX:OLH) Using Debt In A Risky Way?
Dec 15Health Check: How Prudently Does Oldfields Holdings (ASX:OLH) Use Debt?
Sep 01Would Oldfields Holdings (ASX:OLH) Be Better Off With Less Debt?
Apr 12Is Oldfields Holdings (ASX:OLH) Using Debt In A Risky Way?
Sep 16Recent updates
Oldfields Holdings Limited's (ASX:OLH) Low P/S No Reason For Excitement
Nov 05Oldfields Holdings Limited (ASX:OLH) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough
Jul 23Oldfields Holdings Limited's (ASX:OLH) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
May 12Oldfields Holdings (ASX:OLH) Has Debt But No Earnings; Should You Worry?
May 10Oldfields Holdings Limited (ASX:OLH) Surges 25% Yet Its Low P/S Is No Reason For Excitement
Mar 03Is Oldfields Holdings (ASX:OLH) Using Debt In A Risky Way?
Dec 15Health Check: How Prudently Does Oldfields Holdings (ASX:OLH) Use Debt?
Sep 01Would Oldfields Holdings (ASX:OLH) Be Better Off With Less Debt?
Apr 12Is Oldfields Holdings (ASX:OLH) Using Debt In A Risky Way?
Sep 16Financial Position Analysis
Short Term Liabilities: OLH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OLH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OLH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OLH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: OLH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OLH is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.