Cannindah Resources Balance Sheet Health
Financial Health criteria checks 3/6
Cannindah Resources has a total shareholder equity of A$15.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.0M and A$2.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$315.71k |
| Equity | AU$15.22m |
| Total liabilities | AU$2.82m |
| Total assets | AU$18.04m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAE's short term assets (A$597.6K) do not cover its short term liabilities (A$2.8M).
Long Term Liabilities: CAE's short term assets (A$597.6K) exceed its long term liabilities (A$45.6K).
Debt to Equity History and Analysis
Debt Level: CAE is debt free.
Reducing Debt: CAE has no debt compared to 5 years ago when its debt to equity ratio was 585.8%.
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: CAE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CAE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.5% each year