Prospect Resources Balance Sheet Health
Financial Health criteria checks 6/6
Prospect Resources has a total shareholder equity of A$26.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$27.3M and A$1.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.34m |
| Equity | AU$26.26m |
| Total liabilities | AU$1.05m |
| Total assets | AU$27.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5E8's short term assets (A$12.6M) exceed its short term liabilities (A$1.0M).
Long Term Liabilities: 5E8's short term assets (A$12.6M) exceed its long term liabilities (A$20.0K).
Debt to Equity History and Analysis
Debt Level: 5E8 is debt free.
Reducing Debt: 5E8 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: 5E8 has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 5E8 is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.