Larvotto Resources Balance Sheet Health
Financial Health criteria checks 5/6
Larvotto Resources has a total shareholder equity of A$11.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$17.2M and A$5.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.43m |
Equity | AU$11.32m |
Total liabilities | AU$5.85m |
Total assets | AU$17.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRV's short term assets (A$2.6M) exceed its short term liabilities (A$954.9K).
Long Term Liabilities: LRV's short term assets (A$2.6M) do not cover its long term liabilities (A$4.9M).
Debt to Equity History and Analysis
Debt Level: LRV is debt free.
Reducing Debt: LRV 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: LRV has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LRV is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.