Conrad Asia Energy Balance Sheet Health
Financial Health criteria checks 6/6
Conrad Asia Energy has a total shareholder equity of $31.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $36.0M and $5.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.68m |
| Equity | US$30.97m |
| Total liabilities | US$5.04m |
| Total assets | US$36.01m |
Financial Position Analysis
Short Term Liabilities: CRD's short term assets ($5.4M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: CRD's short term assets ($5.4M) exceed its long term liabilities ($130.0K).
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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRD is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.