WA Kaolin Balance Sheet Health
Financial Health criteria checks 3/6
WA Kaolin has a total shareholder equity of A$6.0M and total debt of A$25.2M, which brings its debt-to-equity ratio to 422.2%. Its total assets and total liabilities are A$36.6M and A$30.7M respectively.
Key information
422.2%
Debt to equity ratio
AU$25.21m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$751.88k |
| Equity | AU$5.97m |
| Total liabilities | AU$30.66m |
| Total assets | AU$36.63m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WAK's short term assets (A$5.3M) do not cover its short term liabilities (A$24.8M).
Long Term Liabilities: WAK's short term assets (A$5.3M) do not cover its long term liabilities (A$5.8M).
Debt to Equity History and Analysis
Debt Level: WAK's net debt to equity ratio (409.6%) 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 1 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 0 months based on free cash flow estimates, but has since raised additional capital.