Greenwing Resources Balance Sheet Health
Financial Health criteria checks 5/6
Greenwing Resources has a total shareholder equity of A$17.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.6M and A$7.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.16m |
| Equity | AU$17.20m |
| Total liabilities | AU$7.42m |
| Total assets | AU$24.62m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GW1's short term assets (A$6.6M) do not cover its short term liabilities (A$7.2M).
Long Term Liabilities: GW1's short term assets (A$6.6M) exceed its long term liabilities (A$251.1K).
Debt to Equity History and Analysis
Debt Level: GW1 is debt free.
Reducing Debt: GW1 has no debt compared to 5 years ago when its debt to equity ratio was 0.06%.
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 more than a year based on its current free cash flow.
Forecast Cash Runway: GW1 has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 19.5% each year.