Dateline Resources Balance Sheet Health
Financial Health criteria checks 3/6
Dateline Resources has a total shareholder equity of A$3.6M and total debt of A$5.4M, which brings its debt-to-equity ratio to 151%. Its total assets and total liabilities are A$10.0M and A$6.4M respectively.
Key information
151.0%
Debt to equity ratio
AU$5.41m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.30m |
| Equity | AU$3.59m |
| Total liabilities | AU$6.44m |
| Total assets | AU$10.03m |
Financial Position Analysis
Short Term Liabilities: DTR's short term assets (A$2.8M) do not cover its short term liabilities (A$6.4M).
Long Term Liabilities: DTR's short term assets (A$2.8M) exceed its long term liabilities (A$86.2K).
Debt to Equity History and Analysis
Debt Level: DTR's net debt to equity ratio (114.8%) is considered high.
Reducing Debt: DTR's debt to equity ratio has increased from 11% to 151% 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 2 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 2 months based on free cash flow estimates, but has since raised additional capital.