Latin Resources Balance Sheet Health
Financial Health criteria checks 5/6
Latin Resources has a total shareholder equity of A$115.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$122.8M and A$7.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$51.89m |
Equity | AU$115.42m |
Total liabilities | AU$7.35m |
Total assets | AU$122.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XL5's short term assets (A$53.3M) exceed its short term liabilities (A$7.3M).
Long Term Liabilities: XL5's short term assets (A$53.3M) exceed its long term liabilities (A$87.9K).
Debt to Equity History and Analysis
Debt Level: XL5 is debt free.
Reducing Debt: XL5 has no debt compared to 5 years ago when its debt to equity ratio was 163.9%.
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: XL5 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XL5 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.8% each year