Yandal Resources Balance Sheet Health
Financial Health criteria checks 6/6
Yandal Resources has a total shareholder equity of A$5.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.1M and A$417.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.76m |
Equity | AU$5.72m |
Total liabilities | AU$417.34k |
Total assets | AU$6.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YRL's short term assets (A$5.9M) exceed its short term liabilities (A$410.6K).
Long Term Liabilities: YRL's short term assets (A$5.9M) exceed its long term liabilities (A$6.7K).
Debt to Equity History and Analysis
Debt Level: YRL is debt free.
Reducing Debt: YRL has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.
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: YRL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: YRL is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.