LARK Distilling Balance Sheet Health
Financial Health criteria checks 6/6
LARK Distilling has a total shareholder equity of A$101.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$110.6M and A$9.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.36m |
| Equity | AU$101.36m |
| Total liabilities | AU$9.26m |
| Total assets | AU$110.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRK's short term assets (A$18.3M) exceed its short term liabilities (A$7.5M).
Long Term Liabilities: LRK's short term assets (A$18.3M) exceed its long term liabilities (A$1.8M).
Debt to Equity History and Analysis
Debt Level: LRK is debt free.
Reducing Debt: LRK has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: LRK has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LRK is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.