Larvotto Resources Balance Sheet Health
Financial Health criteria checks 3/6
Larvotto Resources has a total shareholder equity of A$8.9M and total debt of A$195.8K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are A$15.5M and A$6.6M respectively.
Key information
2.2%
Debt to equity ratio
AU$195.84k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$456.03k |
| Equity | AU$8.90m |
| Total liabilities | AU$6.55m |
| Total assets | AU$15.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRV's short term assets (A$898.9K) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: LRV's short term assets (A$898.9K) do not cover its long term liabilities (A$4.9M).
Debt to Equity History and Analysis
Debt Level: LRV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LRV's debt to equity ratio has reduced 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: LRV has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LRV is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.