Locksley Resources Limited

ASX:LKY Stock Report

Market Cap: AU$3.5m

Locksley Resources Balance Sheet Health

Financial Health criteria checks 5/6

Locksley Resources has a total shareholder equity of A$9.2M and total debt of A$1.8K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are A$9.3M and A$155.6K respectively.

Key information

0.02%

Debt to equity ratio

AU$1.81k

Debt

Interest coverage ration/a
CashAU$3.02m
EquityAU$9.18m
Total liabilitiesAU$155.65k
Total assetsAU$9.34m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LKY's short term assets (A$3.2M) exceed its short term liabilities (A$155.6K).

Long Term Liabilities: LKY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LKY has more cash than its total debt.

Reducing Debt: Insufficient data to determine if LKY's debt to equity ratio has reduced over the 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: LKY has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LKY has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 44.7% each year.


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