Legacy Iron Ore Balance Sheet Health
Financial Health criteria checks 6/6
Legacy Iron Ore has a total shareholder equity of A$27.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$27.5M and A$388.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$10.05m |
Equity | AU$27.14m |
Total liabilities | AU$388.19k |
Total assets | AU$27.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCY's short term assets (A$10.4M) exceed its short term liabilities (A$303.3K).
Long Term Liabilities: LCY's short term assets (A$10.4M) exceed its long term liabilities (A$84.9K).
Debt to Equity History and Analysis
Debt Level: LCY is debt free.
Reducing Debt: LCY had no debt 5 years ago.
Debt Coverage: LCY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LCY has no debt, therefore coverage of interest payments is not a concern.