Litchfield Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Litchfield Minerals has a total shareholder equity of A$192.4K and total debt of A$52.4K, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are A$244.8K and A$52.4K respectively.
Key information
27.3%
Debt to equity ratio
AU$52.43k
Debt
Interest coverage ratio | n/a |
Cash | AU$46.97k |
Equity | AU$192.36k |
Total liabilities | AU$52.43k |
Total assets | AU$244.78k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMS's short term assets (A$47.0K) do not cover its short term liabilities (A$52.4K).
Long Term Liabilities: LMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMS's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LMS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LMS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LMS's interest payments on its debt are well covered by EBIT.