Eastern Resources Balance Sheet Health
Financial Health criteria checks 5/6
Eastern Resources has a total shareholder equity of A$12.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.3M and A$70.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.02m |
Equity | AU$12.26m |
Total liabilities | AU$70.49k |
Total assets | AU$12.33m |
Recent financial health updates
We're Not Very Worried About Eastern Resources' (ASX:EFE) Cash Burn Rate
Sep 14Here's Why We're Not Too Worried About Eastern Resources' (ASX:EFE) Cash Burn Situation
May 09Here's Why We're Not Too Worried About Eastern Resources' (ASX:EFE) Cash Burn Situation
Jan 14Eastern Iron (ASX:EFE) Is In A Good Position To Deliver On Growth Plans
Sep 30Recent updates
We're Not Very Worried About Eastern Resources' (ASX:EFE) Cash Burn Rate
Sep 14Here's Why We're Not Too Worried About Eastern Resources' (ASX:EFE) Cash Burn Situation
May 09Here's Why We're Not Too Worried About Eastern Resources' (ASX:EFE) Cash Burn Situation
Jan 14Eastern Iron (ASX:EFE) Is In A Good Position To Deliver On Growth Plans
Sep 30Financial Position Analysis
Short Term Liabilities: EFE's short term assets (A$5.1M) exceed its short term liabilities (A$70.5K).
Long Term Liabilities: EFE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFE is debt free.
Reducing Debt: EFE 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: EFE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EFE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.6% each year