Greenwing Resources Balance Sheet Health
Financial Health criteria checks 5/6
Greenwing Resources has a total shareholder equity of A$16.5M and total debt of A$465.9K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are A$24.9M and A$8.4M respectively.
Key information
2.8%
Debt to equity ratio
AU$465.90k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$708.67k |
| Equity | AU$16.48m |
| Total liabilities | AU$8.41m |
| Total assets | AU$24.89m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GW1's short term assets (A$2.1M) do not cover its short term liabilities (A$8.2M).
Long Term Liabilities: GW1's short term assets (A$2.1M) exceed its long term liabilities (A$240.9K).
Debt to Equity History and Analysis
Debt Level: GW1 has more cash than its total debt.
Reducing Debt: GW1's debt to equity ratio has reduced from 11.6% to 2.8% 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: GW1 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GW1 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 10:12 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greenwing Resources Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Warren Edney | EL&C Baillieu |
| Chris Brown | Morgans Financial Limited |