Voltaic Strategic Resources Balance Sheet Health
Financial Health criteria checks 6/6
Voltaic Strategic Resources has a total shareholder equity of A$11.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.4M and A$226.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.30m |
| Equity | AU$11.22m |
| Total liabilities | AU$226.29k |
| Total assets | AU$11.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VSR's short term assets (A$6.7M) exceed its short term liabilities (A$226.3K).
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 131%.
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 3 years based on its current free cash flow.
Forecast Cash Runway: VSR has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 21.3% each year.