Latin Resources Balance Sheet Health
Financial Health criteria checks 4/6
Latin Resources has a total shareholder equity of A$103.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$116.5M and A$12.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$20.63m |
| Equity | AU$103.65m |
| Total liabilities | AU$12.84m |
| Total assets | AU$116.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRSR.F's short term assets (A$22.5M) exceed its short term liabilities (A$12.8M).
Long Term Liabilities: LRSR.F's short term assets (A$22.5M) exceed its long term liabilities (A$27.8K).
Debt to Equity History and Analysis
Debt Level: LRSR.F is debt free.
Reducing Debt: LRSR.F has no debt compared to 5 years ago when its debt to equity ratio was 284.2%.
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: LRSR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LRSR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53% each year