Lord Resources has a total shareholder equity of A$3.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.5M and A$165.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio
n/a
Cash
AU$1.88m
Equity
AU$3.35m
Total liabilities
AU$165.42k
Total assets
AU$3.51m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRD's short term assets (A$1.9M) exceed its short term liabilities (A$95.3K).
Long Term Liabilities: LRD's short term assets (A$1.9M) exceed its long term liabilities (A$70.1K).
Debt to Equity History and Analysis
Debt Level: LRD is debt free.
Reducing Debt: LRD 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: LRD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LRD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.1% each year