Bounty Oil & Gas Balance Sheet Health
Financial Health criteria checks 5/6
Bounty Oil & Gas has a total shareholder equity of A$5.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.7M and A$3.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.58m |
| Equity | AU$5.82m |
| Total liabilities | AU$3.86m |
| Total assets | AU$9.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYOG.F's short term assets (A$1.8M) do not cover its short term liabilities (A$2.9M).
Long Term Liabilities: BYOG.F's short term assets (A$1.8M) exceed its long term liabilities (A$976.5K).
Debt to Equity History and Analysis
Debt Level: BYOG.F is debt free.
Reducing Debt: BYOG.F 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: BYOG.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BYOG.F has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 25.5% each year.