Waratah Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Waratah Minerals has a total shareholder equity of A$23.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.9M and A$763.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.21m |
| Equity | AU$23.16m |
| Total liabilities | AU$763.06k |
| Total assets | AU$23.92m |
Financial Position Analysis
Short Term Liabilities: WTM's short term assets (A$3.3M) exceed its short term liabilities (A$763.1K).
Long Term Liabilities: WTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WTM is debt free.
Reducing Debt: WTM had no debt 5 years ago.
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: WTM has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WTM is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.