Energy Resources of Australia Financial Health

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 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.

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.

• Healthy companies in the Energy industry.