LTR Pharma Balance Sheet Health
Financial Health criteria checks 6/6
LTR Pharma has a total shareholder equity of A$2.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.4M and A$428.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.10m |
| Equity | AU$2.94m |
| Total liabilities | AU$428.54k |
| Total assets | AU$3.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTP's short term assets (A$3.4M) exceed its short term liabilities (A$428.5K).
Long Term Liabilities: LTP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LTP is debt free.
Reducing Debt: LTP 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: LTP has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LTP is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.