G11 Resources Balance Sheet Health
Financial Health criteria checks 6/6
G11 Resources has a total shareholder equity of A$8.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.8M and A$128.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.41m |
Equity | AU$8.68m |
Total liabilities | AU$128.05k |
Total assets | AU$8.81m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: G11's short term assets (A$2.5M) exceed its short term liabilities (A$128.1K).
Long Term Liabilities: G11 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: G11 is debt free.
Reducing Debt: G11 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: G11 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: G11 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 6.9% each year.