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 ratio | n/a |
| Cash | AU$3.02m |
| Equity | AU$9.18m |
| Total liabilities | AU$155.65k |
| Total assets | AU$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.