Danakali Balance Sheet Health
Financial Health criteria checks 6/6
Danakali has a total shareholder equity of A$63.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$64.9M and A$954.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.87m |
| Equity | AU$63.92m |
| Total liabilities | AU$954.86k |
| Total assets | AU$64.87m |
Recent financial health updates
We're Not Worried About Danakali's (ASX:DNK) Cash Burn
Apr 09
We Think Danakali (ASX:DNK) Can Easily Afford To Drive Business Growth
Dec 26
Recent updates
We're Not Worried About Danakali's (ASX:DNK) Cash Burn
Apr 09Are Insiders Buying Danakali Limited (ASX:DNK) Stock?
Mar 06What Percentage Of Danakali Limited (ASX:DNK) Shares Do Insiders Own?
Jan 30We Think Danakali (ASX:DNK) Can Easily Afford To Drive Business Growth
Dec 26Could The Danakali Limited (ASX:DNK) Ownership Structure Tell Us Something Useful?
Jul 01Financial Position Analysis
Short Term Liabilities: DNK's short term assets (A$15.0M) exceed its short term liabilities (A$902.7K).
Long Term Liabilities: DNK's short term assets (A$15.0M) exceed its long term liabilities (A$52.2K).
Debt to Equity History and Analysis
Debt Level: DNK is debt free.
Reducing Debt: DNK 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: DNK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DNK has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 13.2% each year.