WA Kaolin Balance Sheet Health
Financial Health criteria checks 4/6
WA Kaolin has a total shareholder equity of A$10.3M and total debt of A$25.1M, which brings its debt-to-equity ratio to 245.2%. Its total assets and total liabilities are A$39.6M and A$29.3M respectively.
Key information
245.2%
Debt to equity ratio
AU$25.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.91m |
| Equity | AU$10.25m |
| Total liabilities | AU$29.34m |
| Total assets | AU$39.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WAK's short term assets (A$7.6M) do not cover its short term liabilities (A$24.5M).
Long Term Liabilities: WAK's short term assets (A$7.6M) exceed its long term liabilities (A$4.9M).
Debt to Equity History and Analysis
Debt Level: WAK's net debt to equity ratio (207.1%) is considered high.
Reducing Debt: WAK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: WAK has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WAK is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.