Landore Resources Balance Sheet Health
Financial Health criteria checks 6/6
Landore Resources has a total shareholder equity of £1.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £2.3M and £791.6K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.16m |
| Equity | UK£1.49m |
| Total liabilities | UK£791.63k |
| Total assets | UK£2.28m |
Financial Position Analysis
Short Term Liabilities: LND's short term assets (£2.2M) exceed its short term liabilities (£791.6K).
Long Term Liabilities: LND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LND is debt free.
Reducing Debt: LND 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: LND has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LND has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 7.9% each year.