East Star Resources Balance Sheet Health
Financial Health criteria checks 4/6
East Star Resources has a total shareholder equity of £2.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £3.0M and £69.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£411.00k |
| Equity | UK£2.89m |
| Total liabilities | UK£69.03k |
| Total assets | UK£2.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5MM's short term assets (£515.0K) exceed its short term liabilities (£69.0K).
Long Term Liabilities: 5MM's short term assets (£515.0K) exceed its long term liabilities (£30.0).
Debt to Equity History and Analysis
Debt Level: 5MM is debt free.
Reducing Debt: 5MM 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: 5MM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5MM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.9% each year