YANGAROO Balance Sheet Health
Financial Health criteria checks 3/6
YANGAROO has a total shareholder equity of $381.2K and total debt of $2.8M, which brings its debt-to-equity ratio to 731%. Its total assets and total liabilities are $5.1M and $4.7M respectively. YANGAROO's EBIT is $133.7K making its interest coverage ratio 0.3. It has cash and short-term investments of $86.1K.
Key information
731.0%
Debt to equity ratio
US$2.79m
Debt
Interest coverage ratio | 0.3x |
Cash | US$86.12k |
Equity | US$381.20k |
Total liabilities | US$4.74m |
Total assets | US$5.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 76T's short term assets ($2.0M) do not cover its short term liabilities ($4.0M).
Long Term Liabilities: 76T's short term assets ($2.0M) exceed its long term liabilities ($789.0K).
Debt to Equity History and Analysis
Debt Level: 76T's net debt to equity ratio (708.5%) is considered high.
Reducing Debt: 76T's debt to equity ratio has increased from 35.7% to 731% 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: Whilst unprofitable 76T has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 76T is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18% per year.