Kingston Resources Balance Sheet Health
Financial Health criteria checks 1/6
Kingston Resources has a total shareholder equity of A$90.8M and total debt of A$9.3M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are A$121.6M and A$30.8M respectively. Kingston Resources's EBIT is A$1.5M making its interest coverage ratio 1.2. It has cash and short-term investments of A$8.6M.
Key information
10.2%
Debt to equity ratio
AU$9.28m
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$8.65m |
| Equity | AU$90.78m |
| Total liabilities | AU$30.84m |
| Total assets | AU$121.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSN's short term assets (A$11.6M) do not cover its short term liabilities (A$14.0M).
Long Term Liabilities: KSN's short term assets (A$11.6M) do not cover its long term liabilities (A$16.8M).
Debt to Equity History and Analysis
Debt Level: KSN's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: KSN's debt to equity ratio has increased from 0% to 10.2% 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 KSN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KSN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.