Codeifai Balance Sheet Health

Financial Health criteria checks 5/6

Codeifai has a total shareholder equity of A$2.9M and total debt of A$308.2K, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are A$6.1M and A$3.2M respectively.

Key information

10.6%

Debt to equity ratio

AU$308.19k

Debt

Interest coverage ration/a
CashAU$108.50k
EquityAU$2.92m
Total liabilitiesAU$3.15m
Total assetsAU$6.07m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CDE's short term assets (A$714.5K) do not cover its short term liabilities (A$3.2M).

Long Term Liabilities: CDE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CDE's net debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: CDE's debt to equity ratio has reduced from 41.9% to 10.6% 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: CDE has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CDE is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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