Bowen Coking Coal Balance Sheet Health
Financial Health criteria checks 0/6
Bowen Coking Coal has a total shareholder equity of A$9.8M and total debt of A$158.6M, which brings its debt-to-equity ratio to 1622.7%. Its total assets and total liabilities are A$335.5M and A$325.8M respectively.
Key information
1,622.7%
Debt to equity ratio
AU$158.61m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$21.69m |
| Equity | AU$9.77m |
| Total liabilities | AU$325.75m |
| Total assets | AU$335.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NG's short term assets (A$75.4M) do not cover its short term liabilities (A$147.3M).
Long Term Liabilities: 6NG's short term assets (A$75.4M) do not cover its long term liabilities (A$178.5M).
Debt to Equity History and Analysis
Debt Level: 6NG's net debt to equity ratio (1400.9%) is considered high.
Reducing Debt: 6NG's debt to equity ratio has increased from 0% to 1622.7% over the past 5 years.
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: 6NG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6NG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.