New World Resources Balance Sheet Health
Financial Health criteria checks 6/6
New World Resources has a total shareholder equity of A$53.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$55.7M and A$2.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$8.35m |
Equity | AU$53.10m |
Total liabilities | AU$2.60m |
Total assets | AU$55.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C5W's short term assets (A$9.2M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: C5W has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: C5W is debt free.
Reducing Debt: C5W 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: C5W has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: C5W is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.