Bounty Oil & Gas Balance Sheet Health
Financial Health criteria checks 4/6
Bounty Oil & Gas has a total shareholder equity of A$5.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.4M and A$4.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$963.30k |
Equity | AU$4.98m |
Total liabilities | AU$4.46m |
Total assets | AU$9.44m |
Financial Position Analysis
Short Term Liabilities: BUY's short term assets (A$1.6M) do not cover its short term liabilities (A$2.9M).
Long Term Liabilities: BUY's short term assets (A$1.6M) do not cover its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: BUY is debt free.
Reducing Debt: BUY 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: BUY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BUY is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.