Elixir Energy Balance Sheet Health
Financial Health criteria checks 4/6
Elixir Energy has a total shareholder equity of A$56.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$60.2M and A$3.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$11.22m |
Equity | AU$56.31m |
Total liabilities | AU$3.89m |
Total assets | AU$60.20m |
Recent financial health updates
We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully
Apr 05Companies Like Elixir Energy (ASX:EXR) Are In A Position To Invest In Growth
Apr 29We Think Elixir Energy (ASX:EXR) Can Easily Afford To Drive Business Growth
Jan 04Elixir Energy (ASX:EXR) Is In A Strong Position To Grow Its Business
Sep 16We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully
Jan 28Recent updates
We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully
Apr 05Companies Like Elixir Energy (ASX:EXR) Are In A Position To Invest In Growth
Apr 29We Think Elixir Energy (ASX:EXR) Can Easily Afford To Drive Business Growth
Jan 04Elixir Energy (ASX:EXR) Is In A Strong Position To Grow Its Business
Sep 16We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully
Jan 28Financial Position Analysis
Short Term Liabilities: EXR's short term assets (A$17.8M) exceed its short term liabilities (A$3.9M).
Long Term Liabilities: EXR's short term assets (A$17.8M) exceed its long term liabilities (A$30.3K).
Debt to Equity History and Analysis
Debt Level: EXR is debt free.
Reducing Debt: EXR 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: EXR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EXR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.8% each year