Winchester Energy Balance Sheet Health
Financial Health criteria checks 3/6
Winchester Energy has a total shareholder equity of $6.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.0M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$219.21k |
Equity | US$6.62m |
Total liabilities | US$1.41m |
Total assets | US$8.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEL's short term assets ($678.8K) exceed its short term liabilities ($599.3K).
Long Term Liabilities: WEL's short term assets ($678.8K) do not cover its long term liabilities ($807.3K).
Debt to Equity History and Analysis
Debt Level: WEL is debt free.
Reducing Debt: WEL has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.
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: WEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WEL has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.4% each year.