New World Resources Balance Sheet Health
Financial Health criteria checks 4/6
New World Resources has a total shareholder equity of A$72.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$75.3M and A$3.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.37m |
| Equity | AU$72.10m |
| Total liabilities | AU$3.22m |
| Total assets | AU$75.32m |
Recent financial health updates
We Think New World Resources (ASX:NWC) Can Afford To Drive Business Growth
Mar 15
New World Resources (ASX:NWC) Is In A Good Position To Deliver On Growth Plans
Sep 22Here's Why We're Not Too Worried About New World Resources' (ASX:NWC) Cash Burn Situation
Mar 17Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet
Nov 02We Think New World Resources (ASX:NWC) Can Afford To Drive Business Growth
Mar 15We Take A Look At Why New World Resources Limited's (ASX:NWC) CEO Has Earned Their Pay Packet
Nov 18New World Resources (ASX:NWC) Is In A Good Position To Deliver On Growth Plans
Sep 22Here's Why We're Not Too Worried About New World Resources' (ASX:NWC) Cash Burn Situation
Mar 17Financial Position Analysis
Short Term Liabilities: NWC's short term assets (A$18.7M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: NWC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NWC is debt free.
Reducing Debt: NWC 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: NWC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NWC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.8% each year