Volt Resources Balance Sheet Health
Financial Health criteria checks 3/6
Volt Resources has a total shareholder equity of A$20.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.8M and A$5.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$983.48k |
| Equity | AU$20.88m |
| Total liabilities | AU$5.88m |
| Total assets | AU$26.75m |
Financial Position Analysis
Short Term Liabilities: VRC's short term assets (A$1.1M) do not cover its short term liabilities (A$5.9M).
Long Term Liabilities: VRC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRC is debt free.
Reducing Debt: VRC 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: VRC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VRC has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.