Resolution Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Resolution Minerals has a total shareholder equity of A$19.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.0M and A$564.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$238.75k |
| Equity | AU$19.41m |
| Total liabilities | AU$564.92k |
| Total assets | AU$19.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RML's short term assets (A$587.8K) exceed its short term liabilities (A$564.9K).
Long Term Liabilities: RML's short term assets (A$587.8K) do not cover its long term liabilities (A$-2.0).
Debt to Equity History and Analysis
Debt Level: RML is debt free.
Reducing Debt: RML has not had any debt for 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: RML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.2% each year