Great Western Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Great Western Exploration has a total shareholder equity of A$12.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.8M and A$986.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.51m |
| Equity | AU$12.80m |
| Total liabilities | AU$986.66k |
| Total assets | AU$13.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GTE's short term assets (A$1.9M) exceed its short term liabilities (A$986.7K).
Long Term Liabilities: GTE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTE is debt free.
Reducing Debt: GTE had no debt 5 years ago.
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: GTE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GTE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.