King River Resources Balance Sheet Health
Financial Health criteria checks 6/6
King River Resources has a total shareholder equity of A$27.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$28.0M and A$485.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.94m |
| Equity | AU$27.48m |
| Total liabilities | AU$485.75k |
| Total assets | AU$27.97m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KRCL.F's short term assets (A$8.1M) exceed its short term liabilities (A$442.6K).
Long Term Liabilities: KRCL.F's short term assets (A$8.1M) exceed its long term liabilities (A$43.2K).
Debt to Equity History and Analysis
Debt Level: KRCL.F is debt free.
Reducing Debt: KRCL.F had no debt 5 years ago.
Debt Coverage: KRCL.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KRCL.F has no debt, therefore coverage of interest payments is not a concern.