Kingsrose Mining Balance Sheet Health
Financial Health criteria checks 6/6
Kingsrose Mining has a total shareholder equity of A$37.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$38.9M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$27.28m |
| Equity | AU$37.64m |
| Total liabilities | AU$1.27m |
| Total assets | AU$38.91m |
Recent financial health updates
Recent updates
We're Interested To See How Kingsrose Mining (ASX:KRM) Uses Its Cash Hoard To Grow
Oct 07
Why The 32% Return On Capital At Kingsrose Mining (ASX:KRM) Should Have Your Attention
Aug 10Should You Be Adding Kingsrose Mining (ASX:KRM) To Your Watchlist Today?
May 06What Do The Returns At Kingsrose Mining (ASX:KRM) Mean Going Forward?
Mar 17Should You Use Kingsrose Mining's (ASX:KRM) Statutory Earnings To Analyse It?
Jan 04Financial Position Analysis
Short Term Liabilities: KRM's short term assets (A$27.7M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: KRM's short term assets (A$27.7M) exceed its long term liabilities (A$29.9K).
Debt to Equity History and Analysis
Debt Level: KRM is debt free.
Reducing Debt: KRM 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: KRM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: KRM has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 30.7% each year.