Havilah Resources Balance Sheet Health
Financial Health criteria checks 6/6
Havilah Resources has a total shareholder equity of A$51.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$53.6M and A$1.7M respectively. Havilah Resources's EBIT is A$612.8K making its interest coverage ratio -6.6. It has cash and short-term investments of A$1.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -6.6x |
| Cash | AU$1.16m |
| Equity | AU$51.92m |
| Total liabilities | AU$1.70m |
| Total assets | AU$53.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWL's short term assets (A$23.4M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: FWL's short term assets (A$23.4M) exceed its long term liabilities (A$171.3K).
Debt to Equity History and Analysis
Debt Level: FWL is debt free.
Reducing Debt: FWL has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
Debt Coverage: FWL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FWL has no debt, therefore coverage of interest payments is not a concern.