LARK Distilling Balance Sheet Health
Financial Health criteria checks 6/6
LARK Distilling has a total shareholder equity of A$103.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$112.2M and A$8.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.53m |
| Equity | AU$103.74m |
| Total liabilities | AU$8.48m |
| Total assets | AU$112.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRKK.F's short term assets (A$25.9M) exceed its short term liabilities (A$7.0M).
Long Term Liabilities: LRKK.F's short term assets (A$25.9M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: LRKK.F is debt free.
Reducing Debt: LRKK.F has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
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: LRKK.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LRKK.F has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 3.2% each year.