Dateline Resources Balance Sheet Health
Financial Health criteria checks 4/6
Dateline Resources has a total shareholder equity of A$6.0M and total debt of A$4.2M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are A$10.6M and A$4.6M respectively.
Key information
70.0%
Debt to equity ratio
AU$4.21m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$536.18k |
| Equity | AU$6.01m |
| Total liabilities | AU$4.61m |
| Total assets | AU$10.62m |
Financial Position Analysis
Short Term Liabilities: DTR's short term assets (A$1.7M) do not cover its short term liabilities (A$4.6M).
Long Term Liabilities: DTR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DTR's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: DTR's debt to equity ratio has reduced from 113.9% to 70% 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: DTR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DTR is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.