Resonance Health Balance Sheet Health

Financial Health criteria checks 5/6

Resonance Health has a total shareholder equity of A$10.0M and total debt of A$3.0M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are A$17.9M and A$7.9M respectively.

Key information

30.0%

Debt to equity ratio

AU$3.01m

Debt

Interest coverage ration/a
CashAU$3.51m
EquityAU$10.04m
Total liabilitiesAU$7.90m
Total assetsAU$17.94m

Recent financial health updates

Recent updates

We're Interested To See How Resonance Health (ASX:RHT) Uses Its Cash Hoard To Grow

Mar 12
We're Interested To See How Resonance Health (ASX:RHT) Uses Its Cash Hoard To Grow

Resonance Health (ASX:RHT) Is In A Good Position To Deliver On Growth Plans

Aug 19
Resonance Health (ASX:RHT) Is In A Good Position To Deliver On Growth Plans

Are Robust Financials Driving The Recent Rally In Resonance Health Limited's (ASX:RHT) Stock?

Mar 01
Are Robust Financials Driving The Recent Rally In Resonance Health Limited's (ASX:RHT) Stock?

If You Had Bought Resonance Health (ASX:RHT) Stock Three Years Ago, You Could Pocket A 855% Gain Today

Jan 15
If You Had Bought Resonance Health (ASX:RHT) Stock Three Years Ago, You Could Pocket A 855% Gain Today

How Does Resonance Health's (ASX:RHT) CEO Salary Compare to Peers?

Nov 22
How Does Resonance Health's (ASX:RHT) CEO Salary Compare to Peers?

Financial Position Analysis

Short Term Liabilities: RHT's short term assets (A$7.0M) exceed its short term liabilities (A$4.8M).

Long Term Liabilities: RHT's short term assets (A$7.0M) exceed its long term liabilities (A$3.1M).


Debt to Equity History and Analysis

Debt Level: RHT has more cash than its total debt.

Reducing Debt: RHT's debt to equity ratio has increased from 0% to 30% 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: Whilst unprofitable RHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: RHT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.7% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 04:15
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Resonance Health 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.