Oldfields Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Oldfields Holdings has a total shareholder equity of A$2.2M and total debt of A$4.4M, which brings its debt-to-equity ratio to 199.9%. Its total assets and total liabilities are A$21.3M and A$19.0M respectively.
Key information
199.9%
Debt to equity ratio
AU$4.42m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.43m |
Equity | AU$2.21m |
Total liabilities | AU$19.05m |
Total assets | AU$21.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLH's short term assets (A$13.4M) do not cover its short term liabilities (A$13.8M).
Long Term Liabilities: OLH's short term assets (A$13.4M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: OLH's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: OLH's debt to equity ratio has increased from 66.9% to 199.9% 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 a year based on its current free cash flow.
Forecast Cash Runway: OLH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 53.5% each year