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 ratio | n/a |
Cash | AU$2.15m |
Equity | AU$1.98m |
Total liabilities | AU$385.20k |
Total assets | AU$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.