Kavango Resources Balance Sheet Health
Financial Health criteria checks 6/6
Kavango Resources has a total shareholder equity of $18.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.6M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.77m |
| Equity | US$18.35m |
| Total liabilities | US$1.28m |
| Total assets | US$19.64m |
Financial Position Analysis
Short Term Liabilities: KAV's short term assets ($4.7M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: KAV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KAV is debt free.
Reducing Debt: KAV 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: KAV has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KAV has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 39.8% each year.