Litchfield Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Litchfield Minerals has a total shareholder equity of A$4.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.9M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.82m |
| Equity | AU$4.66m |
| Total liabilities | AU$1.24m |
| Total assets | AU$5.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMS's short term assets (A$3.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: LMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMS is debt free.
Reducing Debt: LMS had no debt 5 years ago.
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: LMS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LMS has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 130% each year.