Raiz Invest Balance Sheet Health
Financial Health criteria checks 5/6
Raiz Invest has a total shareholder equity of A$36.4M and total debt of A$973.0K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are A$42.9M and A$6.5M respectively.
Key information
2.7%
Debt to equity ratio
AU$973.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.25m |
| Equity | AU$36.36m |
| Total liabilities | AU$6.52m |
| Total assets | AU$42.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RZI's short term assets (A$14.1M) exceed its short term liabilities (A$5.3M).
Long Term Liabilities: RZI's short term assets (A$14.1M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: RZI has more cash than its total debt.
Reducing Debt: RZI's debt to equity ratio has increased from 1.4% to 2.7% 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: Whilst unprofitable RZI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RZI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7% per year.