Codrus Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Codrus Minerals has a total shareholder equity of A$2.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.4M and A$385.2K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$2.15m
EquityAU$1.98m
Total liabilitiesAU$385.20k
Total assetsAU$2.37m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CDR's short term assets (A$2.2M) exceed its short term liabilities (A$308.0K).

Long Term Liabilities: CDR's short term assets (A$2.2M) exceed its long term liabilities (A$77.2K).


Debt to Equity History and Analysis

Debt Level: CDR is debt free.

Reducing Debt: CDR currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: CDR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CDR has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 28.5% each year.


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