Equatorial Resources Balance Sheet Health
Financial Health criteria checks 6/6
Equatorial Resources has a total shareholder equity of A$14.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.9M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.82m |
| Equity | AU$14.05m |
| Total liabilities | AU$1.85m |
| Total assets | AU$15.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBU's short term assets (A$13.9M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: PBU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PBU is debt free.
Reducing Debt: PBU has not had any debt for 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: PBU has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PBU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 49.8% each year