Resonance Health Balance Sheet Health
Financial Health criteria checks 6/6
Resonance Health has a total shareholder equity of A$9.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.9M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.90m |
| Equity | AU$9.84m |
| Total liabilities | AU$1.08m |
| Total assets | AU$10.92m |
Recent financial health updates
We're Interested To See How Resonance Health (ASX:RHT) Uses Its Cash Hoard To Grow
Mar 12
Resonance Health (ASX:RHT) Is In A Good Position To Deliver On Growth Plans
Aug 19Recent updates
We're Interested To See How Resonance Health (ASX:RHT) Uses Its Cash Hoard To Grow
Mar 12Resonance Health (ASX:RHT) Is In A Good Position To Deliver On Growth Plans
Aug 19Are Robust Financials Driving The Recent Rally In Resonance Health Limited's (ASX:RHT) Stock?
Mar 01If You Had Bought Resonance Health (ASX:RHT) Stock Three Years Ago, You Could Pocket A 855% Gain Today
Jan 15How Does Resonance Health's (ASX:RHT) CEO Salary Compare to Peers?
Nov 22Financial Position Analysis
Short Term Liabilities: RHT's short term assets (A$7.3M) exceed its short term liabilities (A$889.7K).
Long Term Liabilities: RHT's short term assets (A$7.3M) exceed its long term liabilities (A$193.7K).
Debt to Equity History and Analysis
Debt Level: RHT is debt free.
Reducing Debt: RHT has not had any debt for 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: RHT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RHT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 31.8% each year