State Gas Balance Sheet Health
Financial Health criteria checks 2/6
State Gas has a total shareholder equity of A$42.5M and total debt of A$163.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are A$47.4M and A$4.9M respectively.
Key information
0.4%
Debt to equity ratio
AU$163.03k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.52m |
| Equity | AU$42.48m |
| Total liabilities | AU$4.88m |
| Total assets | AU$47.36m |
Financial Position Analysis
Short Term Liabilities: GAS's short term assets (A$3.0M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: GAS's short term assets (A$3.0M) do not cover its long term liabilities (A$3.0M).
Debt to Equity History and Analysis
Debt Level: GAS has more cash than its total debt.
Reducing Debt: GAS's debt to equity ratio has increased from 0% to 0.4% over the 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: GAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.5% each year