Lodestar Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Lodestar Minerals has a total shareholder equity of A$1.5M and total debt of A$8.2K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$2.5M and A$1.0M respectively.
Key information
0.5%
Debt to equity ratio
AU$8.23k
Debt
Interest coverage ratio | n/a |
Cash | AU$605.61k |
Equity | AU$1.53m |
Total liabilities | AU$1.01m |
Total assets | AU$2.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LSR's short term assets (A$2.3M) exceed its short term liabilities (A$916.1K).
Long Term Liabilities: LSR's short term assets (A$2.3M) exceed its long term liabilities (A$92.5K).
Debt to Equity History and Analysis
Debt Level: LSR has more cash than its total debt.
Reducing Debt: LSR's debt to equity ratio has increased from 0% to 0.5% 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: LSR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LSR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.9% each year