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Lakes Blue Energy Balance Sheet Health
Financial Health criteria checks 5/6
Lakes Blue Energy has a total shareholder equity of A$13.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.8M and A$2.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$759.89k |
| Equity | AU$13.72m |
| Total liabilities | AU$2.12m |
| Total assets | AU$15.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKS's short term assets (A$1.4M) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: LKS's short term assets (A$1.4M) exceed its long term liabilities (A$550.0K).
Debt to Equity History and Analysis
Debt Level: LKS is debt free.
Reducing Debt: LKS 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: LKS has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LKS is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.