Cazaly Resources Balance Sheet Health
Financial Health criteria checks 5/6
Cazaly Resources has a total shareholder equity of A$16.8M and total debt of A$252.6K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are A$18.7M and A$1.9M respectively.
Key information
1.5%
Debt to equity ratio
AU$252.64k
Debt
Interest coverage ratio | n/a |
Cash | AU$4.97m |
Equity | AU$16.85m |
Total liabilities | AU$1.86m |
Total assets | AU$18.71m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CAZ's short term assets (A$5.1M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: CAZ's short term assets (A$5.1M) exceed its long term liabilities (A$161.8K).
Debt to Equity History and Analysis
Debt Level: CAZ has more cash than its total debt.
Reducing Debt: CAZ's debt to equity ratio has increased from 1.2% to 1.5% 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: CAZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CAZ has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 14.6% each year.