Warriedar Resources Balance Sheet Health
Financial Health criteria checks 5/6
Warriedar Resources has a total shareholder equity of A$53.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$73.0M and A$19.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.87m |
| Equity | AU$53.28m |
| Total liabilities | AU$19.67m |
| Total assets | AU$72.96m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WA8's short term assets (A$6.2M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: WA8's short term assets (A$6.2M) do not cover its long term liabilities (A$14.9M).
Debt to Equity History and Analysis
Debt Level: WA8 is debt free.
Reducing Debt: WA8 has no debt compared to 5 years ago when its debt to equity ratio was 23.1%.
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: WA8 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WA8 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.