Remsense Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Remsense Technologies has a total shareholder equity of A$1.4M and total debt of A$326.9K, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are A$2.7M and A$1.3M respectively.
Key information
23.4%
Debt to equity ratio
AU$326.94k
Debt
Interest coverage ratio | n/a |
Cash | AU$673.17k |
Equity | AU$1.40m |
Total liabilities | AU$1.32m |
Total assets | AU$2.72m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: REM's short term assets (A$1.0M) exceed its short term liabilities (A$916.4K).
Long Term Liabilities: REM's short term assets (A$1.0M) exceed its long term liabilities (A$403.5K).
Debt to Equity History and Analysis
Debt Level: REM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if REM's debt to equity ratio has reduced 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: REM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: REM is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.