WA1 Resources Balance Sheet Health
Financial Health criteria checks 6/6
WA1 Resources has a total shareholder equity of A$35.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$37.0M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$18.73m |
Equity | AU$35.69m |
Total liabilities | AU$1.30m |
Total assets | AU$37.00m |
Recent financial health updates
Companies Like WA1 Resources (ASX:WA1) Are In A Position To Invest In Growth
Nov 16We Think WA1 Resources (ASX:WA1) Can Afford To Drive Business Growth
Jul 26WA1 Resources (ASX:WA1) Is In A Good Position To Deliver On Growth Plans
Apr 04We're Not Very Worried About WA1 Resources' (ASX:WA1) Cash Burn Rate
Dec 20Recent updates
Companies Like WA1 Resources (ASX:WA1) Are In A Position To Invest In Growth
Nov 16We Think WA1 Resources (ASX:WA1) Can Afford To Drive Business Growth
Jul 26WA1 Resources (ASX:WA1) Is In A Good Position To Deliver On Growth Plans
Apr 04We're Not Very Worried About WA1 Resources' (ASX:WA1) Cash Burn Rate
Dec 20Financial Position Analysis
Short Term Liabilities: WA1's short term assets (A$19.4M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: WA1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WA1 is debt free.
Reducing Debt: WA1 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: WA1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WA1 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 109.9% each year.