Province Resources Balance Sheet Health
Financial Health criteria checks 6/6
Province Resources has a total shareholder equity of A$20.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.9M and A$481.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.88m |
| Equity | AU$20.39m |
| Total liabilities | AU$481.83k |
| Total assets | AU$20.87m |
Financial Position Analysis
Short Term Liabilities: PRL's short term assets (A$18.1M) exceed its short term liabilities (A$481.8K).
Long Term Liabilities: PRL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRL is debt free.
Reducing Debt: PRL 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: PRL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PRL has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 41.9% each year.