Waratah Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Waratah Minerals has a total shareholder equity of A$24.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.5M and A$373.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.73m |
Equity | AU$24.08m |
Total liabilities | AU$373.64k |
Total assets | AU$24.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTM's short term assets (A$3.8M) exceed its short term liabilities (A$373.6K).
Long Term Liabilities: WTM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WTM is debt free.
Reducing Debt: WTM 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: WTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WTM is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.