Walkabout Resources Balance Sheet Health
Financial Health criteria checks 2/6
Walkabout Resources has a total shareholder equity of A$44.3M and total debt of A$22.7M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are A$70.8M and A$26.4M respectively.
Key information
51.1%
Debt to equity ratio
AU$22.68m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.35m |
| Equity | AU$44.35m |
| Total liabilities | AU$26.41m |
| Total assets | AU$70.76m |
Financial Position Analysis
Short Term Liabilities: WKT's short term assets (A$9.6M) exceed its short term liabilities (A$6.2M).
Long Term Liabilities: WKT's short term assets (A$9.6M) do not cover its long term liabilities (A$20.2M).
Debt to Equity History and Analysis
Debt Level: WKT's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: WKT's debt to equity ratio has increased from 0% to 51.1% over the 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: WKT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WKT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27% each year