Clara Resources Australia Balance Sheet Health
Financial Health criteria checks 3/6
Clara Resources Australia has a total shareholder equity of A$8.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.3M and A$781.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$516.02k |
| Equity | AU$8.49m |
| Total liabilities | AU$781.80k |
| Total assets | AU$9.27m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: C7A's short term assets (A$520.3K) exceed its short term liabilities (A$153.5K).
Long Term Liabilities: C7A's short term assets (A$520.3K) do not cover its long term liabilities (A$628.3K).
Debt to Equity History and Analysis
Debt Level: C7A is debt free.
Reducing Debt: C7A has no debt compared to 5 years ago when its debt to equity ratio was 35.5%.
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: C7A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: C7A has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.6% each year.