Oldfields Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Oldfields Holdings has a total shareholder equity of A$159.0K and total debt of A$5.5M, which brings its debt-to-equity ratio to 3450.9%. Its total assets and total liabilities are A$24.2M and A$24.0M respectively.
Key information
3,450.9%
Debt to equity ratio
AU$5.49m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.17m |
Equity | AU$159.00k |
Total liabilities | AU$24.00m |
Total assets | AU$24.16m |
Recent financial health updates
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 (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's short term assets (A$11.1M) do not cover its short term liabilities (A$15.5M).
Long Term Liabilities: OLH's short term assets (A$11.1M) exceed its long term liabilities (A$8.5M).
Debt to Equity History and Analysis
Debt Level: OLH's net debt to equity ratio (2715.7%) is considered high.
Reducing Debt: OLH's debt to equity ratio has increased from 93.1% to 3450.9% 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: OLH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OLH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.