Errawarra Resources Balance Sheet Health
Financial Health criteria checks 4/6
Errawarra Resources has a total shareholder equity of A$1.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.3M and A$584.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.84m |
| Equity | AU$1.75m |
| Total liabilities | AU$584.44k |
| Total assets | AU$2.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERW's short term assets (A$2.2M) exceed its short term liabilities (A$436.2K).
Long Term Liabilities: ERW's short term assets (A$2.2M) exceed its long term liabilities (A$148.3K).
Debt to Equity History and Analysis
Debt Level: ERW is debt free.
Reducing Debt: ERW currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: ERW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ERW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.4% each year