Clean TeQ Water Balance Sheet Health
Financial Health criteria checks 5/6
Clean TeQ Water has a total shareholder equity of A$7.6M and total debt of A$268.0K, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are A$13.4M and A$5.8M respectively.
Key information
3.5%
Debt to equity ratio
AU$267.96k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.93m |
| Equity | AU$7.58m |
| Total liabilities | AU$5.80m |
| Total assets | AU$13.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNQ's short term assets (A$6.1M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: CNQ's short term assets (A$6.1M) exceed its long term liabilities (A$1.0M).
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 6 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.