Havilah Resources Balance Sheet Health
Financial Health criteria checks 6/6
Havilah Resources has a total shareholder equity of A$47.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$49.2M and A$1.5M respectively. Havilah Resources's EBIT is A$3.0M making its interest coverage ratio -32.9. It has cash and short-term investments of A$3.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -32.9x |
| Cash | AU$3.48m |
| Equity | AU$47.61m |
| Total liabilities | AU$1.55m |
| Total assets | AU$49.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAVR.F's short term assets (A$25.3M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: HAVR.F's short term assets (A$25.3M) exceed its long term liabilities (A$157.6K).
Debt to Equity History and Analysis
Debt Level: HAVR.F is debt free.
Reducing Debt: HAVR.F has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: HAVR.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HAVR.F has no debt, therefore coverage of interest payments is not a concern.