Jade Gas Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Jade Gas Holdings has a total shareholder equity of A$18.3M and total debt of A$3.9M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are A$23.4M and A$5.0M respectively.
Key information
21.1%
Debt to equity ratio
AU$3.87m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$664.87k |
| Equity | AU$18.31m |
| Total liabilities | AU$5.05m |
| Total assets | AU$23.36m |
Financial Position Analysis
Short Term Liabilities: JGH's short term assets (A$1.6M) do not cover its short term liabilities (A$5.0M).
Long Term Liabilities: JGH's short term assets (A$1.6M) exceed its long term liabilities (A$52.8K).
Debt to Equity History and Analysis
Debt Level: JGH's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JGH's debt to equity ratio has reduced 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: JGH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JGH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.7% each year