Careteq Balance Sheet Health
Financial Health criteria checks 3/6
Careteq has a total shareholder equity of A$3.5M and total debt of A$4.6K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$6.8M and A$3.3M respectively.
Key information
0.1%
Debt to equity ratio
AU$4.59k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.77m |
| Equity | AU$3.52m |
| Total liabilities | AU$3.30m |
| Total assets | AU$6.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTQ's short term assets (A$3.8M) exceed its short term liabilities (A$3.0M).
Long Term Liabilities: CTQ's short term assets (A$3.8M) exceed its long term liabilities (A$268.8K).
Debt to Equity History and Analysis
Debt Level: CTQ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CTQ'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: CTQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CTQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.2% each year