Wiluna Mining Balance Sheet Health
Financial Health criteria checks 2/6
Wiluna Mining has a total shareholder equity of A$249.6M and total debt of A$56.8M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are A$422.5M and A$172.8M respectively. Wiluna Mining's EBIT is A$8.2M making its interest coverage ratio 4.2. It has cash and short-term investments of A$36.4M.
Key information
22.7%
Debt to equity ratio
AU$56.78m
Debt
| Interest coverage ratio | 4.2x |
| Cash | AU$36.43m |
| Equity | AU$249.63m |
| Total liabilities | AU$172.85m |
| Total assets | AU$422.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WMC's short term assets (A$61.4M) do not cover its short term liabilities (A$66.0M).
Long Term Liabilities: WMC's short term assets (A$61.4M) do not cover its long term liabilities (A$106.8M).
Debt to Equity History and Analysis
Debt Level: WMC's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: WMC's debt to equity ratio has reduced from 60.8% to 22.7% 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: Insufficient data to determine if WMC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WMC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.