Southern Hemisphere Mining Balance Sheet Health
Financial Health criteria checks 5/6
Southern Hemisphere Mining has a total shareholder equity of A$4.0M and total debt of A$350.4K, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are A$4.7M and A$692.5K respectively.
Key information
8.7%
Debt to equity ratio
AU$350.37k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.66m |
| Equity | AU$4.01m |
| Total liabilities | AU$692.48k |
| Total assets | AU$4.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NK4's short term assets (A$4.7M) exceed its short term liabilities (A$692.5K).
Long Term Liabilities: NK4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NK4 has more cash than its total debt.
Reducing Debt: NK4's debt to equity ratio has increased from 0% to 8.7% over the past 5 years.
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: NK4 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NK4 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 36.1% each year.