Wide Open Agriculture Balance Sheet Health
Financial Health criteria checks 6/6
Wide Open Agriculture has a total shareholder equity of A$12.0M and total debt of A$679.7K, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are A$18.8M and A$6.8M respectively.
Key information
5.6%
Debt to equity ratio
AU$679.69k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.20m |
| Equity | AU$12.03m |
| Total liabilities | AU$6.82m |
| Total assets | AU$18.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WOA's short term assets (A$8.7M) exceed its short term liabilities (A$3.9M).
Long Term Liabilities: WOA's short term assets (A$8.7M) exceed its long term liabilities (A$2.9M).
Debt to Equity History and Analysis
Debt Level: WOA has more cash than its total debt.
Reducing Debt: WOA's debt to equity ratio has reduced from 20.2% to 5.6% 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: WOA has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WOA is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.