LCL Resources Balance Sheet Health
Financial Health criteria checks 6/6
LCL Resources has a total shareholder equity of A$15.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.4M and A$184.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.67m |
| Equity | AU$15.20m |
| Total liabilities | AU$184.55k |
| Total assets | AU$15.38m |
Financial Position Analysis
Short Term Liabilities: LCL's short term assets (A$1.8M) exceed its short term liabilities (A$184.5K).
Long Term Liabilities: LCL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LCL is debt free.
Reducing Debt: LCL has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
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: LCL has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LCL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.