RemSense Technologies Balance Sheet Health
Financial Health criteria checks 3/6
RemSense Technologies has a total shareholder equity of A$991.7K and total debt of A$106.1K, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are A$2.1M and A$1.1M respectively.
Key information
10.7%
Debt to equity ratio
AU$106.07k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$325.65k |
| Equity | AU$991.75k |
| Total liabilities | AU$1.12m |
| Total assets | AU$2.12m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: REM's short term assets (A$514.1K) do not cover its short term liabilities (A$812.1K).
Long Term Liabilities: REM's short term assets (A$514.1K) exceed its long term liabilities (A$312.9K).
Debt to Equity History and Analysis
Debt Level: REM has more cash than its total debt.
Reducing Debt: REM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.8% each year