Cannindah Resources Balance Sheet Health
Financial Health criteria checks 5/6
Cannindah Resources has a total shareholder equity of A$14.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$17.8M and A$3.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$25.25k |
| Equity | AU$14.71m |
| Total liabilities | AU$3.11m |
| Total assets | AU$17.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAE's short term assets (A$249.3K) do not cover its short term liabilities (A$3.1M).
Long Term Liabilities: CAE's short term assets (A$249.3K) exceed its long term liabilities (A$29.1K).
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 1937.1%.
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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CAE is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.