White Rock Minerals Balance Sheet Health
Financial Health criteria checks 2/6
White Rock Minerals has a total shareholder equity of A$60.6M and total debt of A$435.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are A$70.1M and A$9.5M respectively.
Key information
0.7%
Debt to equity ratio
AU$435.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.43m |
| Equity | AU$60.62m |
| Total liabilities | AU$9.47m |
| Total assets | AU$70.09m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WRM's short term assets (A$3.0M) exceed its short term liabilities (A$2.5M).
Long Term Liabilities: WRM's short term assets (A$3.0M) do not cover its long term liabilities (A$7.0M).
Debt to Equity History and Analysis
Debt Level: WRM has more cash than its total debt.
Reducing Debt: WRM's debt to equity ratio has increased from 0% to 0.7% 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 WRM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WRM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.