Locksley Resources Balance Sheet Health
Financial Health criteria checks 5/6
Locksley Resources has a total shareholder equity of A$8.5M and total debt of A$1.8K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are A$8.6M and A$174.2K respectively.
Key information
0.02%
Debt to equity ratio
AU$1.81k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.30m |
| Equity | AU$8.46m |
| Total liabilities | AU$174.23k |
| Total assets | AU$8.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKY's short term assets (A$2.5M) exceed its short term liabilities (A$174.2K).
Long Term Liabilities: LKY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LKY has more cash than its total debt.
Reducing Debt: LKY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: LKY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LKY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.1% each year