Kingsland Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Kingsland Minerals has a total shareholder equity of A$7.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.9M and A$506.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.35m |
| Equity | AU$7.42m |
| Total liabilities | AU$506.18k |
| Total assets | AU$7.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNG's short term assets (A$1.5M) exceed its short term liabilities (A$445.5K).
Long Term Liabilities: KNG's short term assets (A$1.5M) exceed its long term liabilities (A$60.7K).
Debt to Equity History and Analysis
Debt Level: KNG is debt free.
Reducing Debt: KNG 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: KNG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 73.9% each year