Lode Resources Balance Sheet Health
Financial Health criteria checks 5/6
Lode Resources has a total shareholder equity of A$8.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.5M and A$168.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.23m |
Equity | AU$8.36m |
Total liabilities | AU$168.32k |
Total assets | AU$8.53m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LDR's short term assets (A$3.3M) exceed its short term liabilities (A$147.8K).
Long Term Liabilities: LDR's short term assets (A$3.3M) exceed its long term liabilities (A$20.5K).
Debt to Equity History and Analysis
Debt Level: LDR is debt free.
Reducing Debt: LDR has not had any debt for 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: LDR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.6% each year