Eastern Resources Balance Sheet Health
Financial Health criteria checks 5/6
Eastern Resources has a total shareholder equity of A$12.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.4M and A$182.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.31m |
| Equity | AU$12.23m |
| Total liabilities | AU$182.43k |
| Total assets | AU$12.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFE's short term assets (A$4.4M) exceed its short term liabilities (A$182.4K).
Long Term Liabilities: EFE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFE is debt free.
Reducing Debt: EFE has not had any debt for 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: EFE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EFE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.4% each year