Canterbury Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canterbury Resources has a total shareholder equity of A$11.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.8M and A$302.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$627.22k |
| Equity | AU$11.51m |
| Total liabilities | AU$302.21k |
| Total assets | AU$11.81m |
Recent financial health updates
No updates
Recent updates
How Many Canterbury Resources Limited (ASX:CBY) Shares Did Insiders Buy, In The Last Year?
Mar 10
Canterbury Resources Limited (ASX:CBY) Insiders Increased Their Holdings
Nov 25
Insider Buying: The Canterbury Resources Limited (ASX:CBY) Independent Non-Executive Chairman Just Bought 25% More Shares
Nov 25Financial Position Analysis
Short Term Liabilities: CBY's short term assets (A$660.9K) exceed its short term liabilities (A$270.7K).
Long Term Liabilities: CBY's short term assets (A$660.9K) exceed its long term liabilities (A$31.5K).
Debt to Equity History and Analysis
Debt Level: CBY is debt free.
Reducing Debt: CBY has not had any debt for 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: CBY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CBY has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.3% each year.