Labyrinth Resources Balance Sheet Health
Financial Health criteria checks 4/6
Labyrinth Resources has a total shareholder equity of A$5.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$25.2M and A$20.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$287.07k |
| Equity | AU$5.03m |
| Total liabilities | AU$20.18m |
| Total assets | AU$25.21m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LRLDD's short term assets (A$21.1M) exceed its short term liabilities (A$20.2M).
Long Term Liabilities: LRLDD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LRLDD is debt free.
Reducing Debt: LRLDD had no debt 5 years ago.
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: LRLDD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LRLDD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.7% each year