Red Sky Energy Balance Sheet Health
Financial Health criteria checks 6/6
Red Sky Energy has a total shareholder equity of A$7.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.6M and A$1.3M respectively. Red Sky Energy's EBIT is A$262.0K making its interest coverage ratio -2.5. It has cash and short-term investments of A$3.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -2.5x |
| Cash | AU$2.96m |
| Equity | AU$7.28m |
| Total liabilities | AU$1.33m |
| Total assets | AU$8.61m |
Recent financial health updates
We're Hopeful That Red Sky Energy (ASX:ROG) Will Use Its Cash Wisely
Aug 15
We're Hopeful That Red Sky Energy (ASX:ROG) Will Use Its Cash Wisely
Dec 07Red Sky Energy (ASX:ROG) Is In A Good Position To Deliver On Growth Plans
Aug 19We Think Red Sky Energy (ASX:ROG) Can Afford To Drive Business Growth
Jul 21We Think Red Sky Energy (ASX:ROG) Can Afford To Drive Business Growth
Apr 01Recent updates
We're Hopeful That Red Sky Energy (ASX:ROG) Will Use Its Cash Wisely
Aug 15We're Hopeful That Red Sky Energy (ASX:ROG) Will Use Its Cash Wisely
Dec 07Red Sky Energy (ASX:ROG) Is In A Good Position To Deliver On Growth Plans
Aug 19We Think Red Sky Energy (ASX:ROG) Can Afford To Drive Business Growth
Jul 21We Think Red Sky Energy (ASX:ROG) Can Afford To Drive Business Growth
Apr 01Red Sky Energy Limited (ASX:ROG) Insiders Increased Their Holdings
Dec 06Financial Position Analysis
Short Term Liabilities: ROG's short term assets (A$3.3M) exceed its short term liabilities (A$461.1K).
Long Term Liabilities: ROG's short term assets (A$3.3M) exceed its long term liabilities (A$869.7K).
Debt to Equity History and Analysis
Debt Level: ROG is debt free.
Reducing Debt: ROG has no debt compared to 5 years ago when its debt to equity ratio was 44.8%.
Debt Coverage: ROG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ROG has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/13 23:15 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Red Sky Energy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.