OAR Resources Balance Sheet Health
Financial Health criteria checks 2/6
OAR Resources has a total shareholder equity of A$547.8K and total debt of A$1.1M, which brings its debt-to-equity ratio to 197.8%. Its total assets and total liabilities are A$3.7M and A$3.1M respectively.
Key information
197.8%
Debt to equity ratio
AU$1.08m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$382.40k |
| Equity | AU$547.84k |
| Total liabilities | AU$3.11m |
| Total assets | AU$3.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F1S's short term assets (A$635.5K) do not cover its short term liabilities (A$3.1M).
Long Term Liabilities: F1S has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: F1S's net debt to equity ratio (128%) is considered high.
Reducing Debt: F1S had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: F1S has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: F1S has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9% each year