Labyrinth Resources Balance Sheet Health
Financial Health criteria checks 4/6
Labyrinth Resources has a total shareholder equity of A$7.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.1M and A$18.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$765.69k |
Equity | AU$7.73m |
Total liabilities | AU$18.41m |
Total assets | AU$26.14m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GG20's short term assets (A$22.1M) exceed its short term liabilities (A$18.4M).
Long Term Liabilities: GG20 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GG20 is debt free.
Reducing Debt: GG20 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: GG20 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GG20 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.8% each year