Energy Resources of Australia Balance Sheet Health
Financial Health criteria checks 3/6
Energy Resources of Australia has a total shareholder equity of A$-1.8B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$662.2M and A$2.4B respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$127.83m |
| Equity | -AU$1.77b |
| Total liabilities | AU$2.44b |
| Total assets | AU$662.19m |
Recent financial health updates
Here's Why Energy Resources of Australia (ASX:ERA) Must Use Its Cash Wisely
Aug 28
Is Energy Resources of Australia (ASX:ERA) In A Good Position To Deliver On Growth Plans?
May 13We're Keeping An Eye On Energy Resources of Australia's (ASX:ERA) Cash Burn Rate
Feb 06We're A Little Worried About Energy Resources of Australia's (ASX:ERA) Cash Burn Rate
Oct 06We're Hopeful That Energy Resources of Australia (ASX:ERA) Will Use Its Cash Wisely
Jan 31We Think Energy Resources of Australia (ASX:ERA) Can Afford To Drive Business Growth
Jun 25Recent updates
Here's Why Energy Resources of Australia (ASX:ERA) Must Use Its Cash Wisely
Aug 28Is Energy Resources of Australia (ASX:ERA) In A Good Position To Deliver On Growth Plans?
May 13We're Keeping An Eye On Energy Resources of Australia's (ASX:ERA) Cash Burn Rate
Feb 06We're A Little Worried About Energy Resources of Australia's (ASX:ERA) Cash Burn Rate
Oct 06We're Hopeful That Energy Resources of Australia (ASX:ERA) Will Use Its Cash Wisely
Jan 31We Think Energy Resources of Australia (ASX:ERA) Can Afford To Drive Business Growth
Jun 25Energy Resources of Australia's (ASX:ERA) Returns On Capital Are Heading Higher
May 18Do Its Financials Have Any Role To Play In Driving Energy Resources of Australia Ltd's (ASX:ERA) Stock Up Recently?
Mar 16Some Confidence Is Lacking In Energy Resources of Australia Ltd (ASX:ERA) As Shares Slide 26%
Feb 18Will the Promising Trends At Energy Resources of Australia (ASX:ERA) Continue?
Feb 17Here's What We Learned About The CEO Pay At Energy Resources of Australia Ltd (ASX:ERA)
Dec 15Financial 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 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ERA is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.