Outback Goldfields Balance Sheet Health
Financial Health criteria checks 6/6
Outback Goldfields has a total shareholder equity of CA$14.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.4M and CA$50.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$335.32k |
| Equity | CA$14.33m |
| Total liabilities | CA$50.30k |
| Total assets | CA$14.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S600's short term assets (CA$465.1K) exceed its short term liabilities (CA$50.3K).
Long Term Liabilities: S600 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: S600 is debt free.
Reducing Debt: S600 has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
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: S600 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: S600 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.