Widgie Nickel Balance Sheet Health
Financial Health criteria checks 6/6
Widgie Nickel has a total shareholder equity of A$41.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$43.8M and A$1.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.58m |
| Equity | AU$41.92m |
| Total liabilities | AU$1.91m |
| Total assets | AU$43.83m |
Financial Position Analysis
Short Term Liabilities: WIN's short term assets (A$2.7M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: WIN's short term assets (A$2.7M) exceed its long term liabilities (A$435.3K).
Debt to Equity History and Analysis
Debt Level: WIN is debt free.
Reducing Debt: WIN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: WIN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WIN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.