Lode Resources Balance Sheet Health
Financial Health criteria checks 6/6
Lode Resources has a total shareholder equity of A$7.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.0M and A$180.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.28m |
| Equity | AU$7.78m |
| Total liabilities | AU$180.00k |
| Total assets | AU$7.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LDR's short term assets (A$2.3M) exceed its short term liabilities (A$177.5K).
Long Term Liabilities: LDR's short term assets (A$2.3M) exceed its long term liabilities (A$2.5K).
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 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LDR is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.