Newfield Resources Limited

ASX:NWF Stock Report

Market Cap: AU$83.7m

Newfield Resources Balance Sheet Health

Financial Health criteria checks 1/6

Newfield Resources has a total shareholder equity of A$112.0M and total debt of A$1.9M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are A$137.9M and A$26.0M respectively.

Key information

1.7%

Debt to equity ratio

AU$1.85m

Debt

Interest coverage ration/a
CashAU$47.22k
EquityAU$111.96m
Total liabilitiesAU$25.96m
Total assetsAU$137.91m

Recent financial health updates

No updates

Recent updates

What Percentage Of Newfield Resources Limited (ASX:NWF) Shares Do Insiders Own?

Mar 17
What Percentage Of Newfield Resources Limited (ASX:NWF) Shares Do Insiders Own?

Financial Position Analysis

Short Term Liabilities: NWF's short term assets (A$3.3M) do not cover its short term liabilities (A$11.2M).

Long Term Liabilities: NWF's short term assets (A$3.3M) do not cover its long term liabilities (A$14.7M).


Debt to Equity History and Analysis

Debt Level: NWF's net debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: NWF's debt to equity ratio has increased from 0.02% to 1.7% 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: Insufficient data to determine if NWF has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NWF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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