Thunderbird Resources Balance Sheet Health
Financial Health criteria checks 5/6
Thunderbird Resources has a total shareholder equity of A$13.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.1M and A$2.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$799.45k |
Equity | AU$13.89m |
Total liabilities | AU$2.23m |
Total assets | AU$16.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFY0's short term assets (A$1.5M) exceed its short term liabilities (A$732.0K).
Long Term Liabilities: LFY0's short term assets (A$1.5M) do not cover its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: LFY0 is debt free.
Reducing Debt: LFY0 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: LFY0 has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LFY0 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.