Castle Minerals Balance Sheet Health

Financial Health criteria checks 4/6

Castle Minerals has a total shareholder equity of A$1.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.4M and A$375.6K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.24m
EquityAU$1.01m
Total liabilitiesAU$375.64k
Total assetsAU$1.38m

Recent financial health updates

Is Castle Minerals (ASX:CDT) In A Good Position To Invest In Growth?

Jan 04
Is Castle Minerals (ASX:CDT) In A Good Position To Invest In Growth?

Recent updates

Is Castle Minerals (ASX:CDT) In A Good Position To Invest In Growth?

Jan 04
Is Castle Minerals (ASX:CDT) In A Good Position To Invest In Growth?

What Does Castle Minerals' (ASX:CDT) CEO Pay Reveal?

Feb 23
What Does Castle Minerals' (ASX:CDT) CEO Pay Reveal?

Financial Position Analysis

Short Term Liabilities: CDT's short term assets (A$1.3M) exceed its short term liabilities (A$360.4K).

Long Term Liabilities: CDT's short term assets (A$1.3M) exceed its long term liabilities (A$15.2K).


Debt to Equity History and Analysis

Debt Level: CDT is debt free.

Reducing Debt: CDT 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: CDT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CDT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.4% each year


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