Red Sky Energy Balance Sheet Health
Financial Health criteria checks 6/6
Red Sky Energy has a total shareholder equity of A$7.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.5M and A$1.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.33m |
| Equity | AU$7.03m |
| Total liabilities | AU$1.45m |
| Total assets | AU$8.48m |
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$3.5M) exceed its short term liabilities (A$596.5K).
Long Term Liabilities: ROG's short term assets (A$3.5M) exceed its long term liabilities (A$849.8K).
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 131.2%.
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: Whilst unprofitable ROG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/24 17:46 |
| End of Day Share Price | 2025/03/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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.