Wishbone Gold Balance Sheet Health
Financial Health criteria checks 5/6
Wishbone Gold has a total shareholder equity of £5.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.2M and £1.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£13.89k |
| Equity | UK£5.95m |
| Total liabilities | UK£1.25m |
| Total assets | UK£7.20m |
Financial Position Analysis
Short Term Liabilities: WSBN's short term assets (£870.6K) do not cover its short term liabilities (£1.3M).
Long Term Liabilities: WSBN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WSBN is debt free.
Reducing Debt: WSBN had no debt 5 years ago.
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: WSBN has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WSBN is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.