West Wits Mining Limited

OTCPK:WMWW.F Stock Report

Market Cap: US$23.4m

West Wits Mining Balance Sheet Health

Financial Health criteria checks 5/6

West Wits Mining has a total shareholder equity of A$25.1M and total debt of A$60.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are A$28.2M and A$3.1M respectively.

Key information

0.2%

Debt to equity ratio

AU$60.00k

Debt

Interest coverage ration/a
CashAU$1.41m
EquityAU$25.13m
Total liabilitiesAU$3.10m
Total assetsAU$28.23m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WMWW.F's short term assets (A$1.5M) do not cover its short term liabilities (A$2.4M).

Long Term Liabilities: WMWW.F's short term assets (A$1.5M) exceed its long term liabilities (A$732.0K).


Debt to Equity History and Analysis

Debt Level: WMWW.F has more cash than its total debt.

Reducing Debt: WMWW.F's debt to equity ratio has reduced from 1.2% to 0.2% over the 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: WMWW.F has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: WMWW.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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