Bathurst Resources Balance Sheet Health
Financial Health criteria checks 5/6
Bathurst Resources has a total shareholder equity of NZ$283.5M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$319.5M and NZ$36.0M respectively.
Key information
0%
Debt to equity ratio
NZ$0
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$4.85m |
| Equity | NZ$283.53m |
| Total liabilities | NZ$35.99m |
| Total assets | NZ$319.52m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BRL's short term assets (NZ$18.3M) exceed its short term liabilities (NZ$15.8M).
Long Term Liabilities: BRL's short term assets (NZ$18.3M) do not cover its long term liabilities (NZ$20.2M).
Debt to Equity History and Analysis
Debt Level: BRL is debt free.
Reducing Debt: BRL has no debt compared to 5 years ago when its debt to equity ratio was 26.7%.
Debt Coverage: BRL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BRL has no debt, therefore coverage of interest payments is not a concern.