Newfield Resources Limited

ASX:NWF Stock Report

Market Cap: AU$83.7m

Newfield Resources Balance Sheet Health

Financial Health criteria checks 0/6

Newfield Resources has a total shareholder equity of A$-12.1M and total debt of A$2.4M, which brings its debt-to-equity ratio to -19.5%. Its total assets and total liabilities are A$3.5M and A$15.6M respectively.

Key information

-19.5%

Debt to equity ratio

AU$2.35m

Debt

Interest coverage ration/a
CashAU$15.67k
Equity-AU$12.09m
Total liabilitiesAU$15.64m
Total assetsAU$3.55m

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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NWF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: NWF has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NWF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: NWF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NWF has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.7% each year.


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