Codrus Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Codrus Minerals has a total shareholder equity of A$1.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.0M and A$342.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.70m |
| Equity | AU$1.61m |
| Total liabilities | AU$342.28k |
| Total assets | AU$1.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDR's short term assets (A$1.8M) exceed its short term liabilities (A$242.8K).
Long Term Liabilities: CDR's short term assets (A$1.8M) exceed its long term liabilities (A$99.5K).
Debt to Equity History and Analysis
Debt Level: CDR is debt free.
Reducing Debt: CDR had no debt 5 years ago.
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 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CDR is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.