Carnarvon Energy Balance Sheet Health
Financial Health criteria checks 6/6
Carnarvon Energy has a total shareholder equity of A$266.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$267.6M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$179.55m |
| Equity | AU$266.33m |
| Total liabilities | AU$1.26m |
| Total assets | AU$267.59m |
Recent financial health updates
We Think Carnarvon Energy (ASX:CVN) Can Afford To Drive Business Growth
May 26
Companies Like Carnarvon Energy (ASX:CVN) Are In A Position To Invest In Growth
Jan 19Here's Why We're Not Too Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Situation
Sep 28We're Not Very Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Rate
Jun 15Carnarvon Energy (ASX:CVN) Is In A Good Position To Deliver On Growth Plans
Feb 28We're Interested To See How Carnarvon Petroleum (ASX:CVN) Uses Its Cash Hoard To Grow
Sep 14Recent updates
We Think Carnarvon Energy (ASX:CVN) Can Afford To Drive Business Growth
May 26Companies Like Carnarvon Energy (ASX:CVN) Are In A Position To Invest In Growth
Jan 19Here's Why We're Not Too Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Situation
Sep 28We're Not Very Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Rate
Jun 15Carnarvon Energy (ASX:CVN) Is In A Good Position To Deliver On Growth Plans
Feb 28We're Interested To See How Carnarvon Petroleum (ASX:CVN) Uses Its Cash Hoard To Grow
Sep 14Carnarvon Petroleum (ASX:CVN) Is In A Strong Position To Grow Its Business
Apr 29Companies Like Carnarvon Petroleum (ASX:CVN) Are In A Position To Invest In Growth
Jan 12
Financial Position Analysis
Short Term Liabilities: CVN's short term assets (A$180.8M) exceed its short term liabilities (A$782.0K).
Long Term Liabilities: CVN's short term assets (A$180.8M) exceed its long term liabilities (A$475.0K).
Debt to Equity History and Analysis
Debt Level: CVN is debt free.
Reducing Debt: CVN has not had any debt for 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: CVN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CVN has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 11.9% each year.