Red Hawk Mining Balance Sheet Health
Financial Health criteria checks 4/6
Red Hawk Mining has a total shareholder equity of A$91.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$94.5M and A$3.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.86m |
| Equity | AU$91.02m |
| Total liabilities | AU$3.44m |
| Total assets | AU$94.47m |
Financial Position Analysis
Short Term Liabilities: RHK's short term assets (A$7.1M) exceed its short term liabilities (A$2.8M).
Long Term Liabilities: RHK's short term assets (A$7.1M) exceed its long term liabilities (A$638.0K).
Debt to Equity History and Analysis
Debt Level: RHK is debt free.
Reducing Debt: RHK has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
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 RHK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RHK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.