Dreadnought Resources Balance Sheet Health
Financial Health criteria checks 4/6
Dreadnought Resources has a total shareholder equity of A$54.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$55.7M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.84m |
Equity | AU$54.56m |
Total liabilities | AU$1.16m |
Total assets | AU$55.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRE's short term assets (A$3.8M) exceed its short term liabilities (A$1.0M).
Long Term Liabilities: DRE's short term assets (A$3.8M) exceed its long term liabilities (A$124.5K).
Debt to Equity History and Analysis
Debt Level: DRE is debt free.
Reducing Debt: DRE had no debt 5 years ago.
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: DRE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DRE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.1% each year