Energy Resources of Australia Ltd

ASX:ERA Stock Report

Mkt Cap: AU$885.9m

Energy Resources of Australia Financial Health

How is Energy Resources of Australia's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ERA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ERA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ERA is debt free.

Reducing Debt: ERA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: ERA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ERA has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 37.7% each year.


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