Voltaic Strategic Resources Balance Sheet Health
Financial Health criteria checks 6/6
Voltaic Strategic Resources has a total shareholder equity of A$10.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.7M and A$206.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.02m |
Equity | AU$10.53m |
Total liabilities | AU$206.60k |
Total assets | AU$10.73m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VSR's short term assets (A$6.2M) exceed its short term liabilities (A$206.6K).
Long Term Liabilities: VSR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VSR is debt free.
Reducing Debt: VSR has no debt compared to 5 years ago when its debt to equity ratio was 155.1%.
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: VSR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VSR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 24.4% each year.