Conrad Asia Energy Balance Sheet Health
Financial Health criteria checks 4/6
Conrad Asia Energy has a total shareholder equity of $38.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.7M and $3.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.86m |
| Equity | US$38.11m |
| Total liabilities | US$3.57m |
| Total assets | US$41.68m |
Financial Position Analysis
Short Term Liabilities: CRD's short term assets ($9.9M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: CRD's short term assets ($9.9M) exceed its long term liabilities ($201.9K).
Debt to Equity History and Analysis
Debt Level: CRD is debt free.
Reducing Debt: CRD had no debt 5 years ago.
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: CRD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12% each year