Clean TeQ Water Balance Sheet Health
Financial Health criteria checks 5/6
Clean TeQ Water has a total shareholder equity of A$10.1M and total debt of A$81.4K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are A$15.4M and A$5.3M respectively.
Key information
0.8%
Debt to equity ratio
AU$81.44k
Debt
Interest coverage ratio | n/a |
Cash | AU$2.26m |
Equity | AU$10.12m |
Total liabilities | AU$5.31m |
Total assets | AU$15.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNQ's short term assets (A$7.3M) exceed its short term liabilities (A$4.5M).
Long Term Liabilities: CNQ's short term assets (A$7.3M) exceed its long term liabilities (A$862.6K).
Debt to Equity History and Analysis
Debt Level: CNQ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CNQ'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: CNQ has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CNQ is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.