Castle Minerals Financial Health
How is Castle Minerals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CDT's short term assets (A$4.8M) exceed its short term liabilities (A$223.4K).
Long Term Liabilities: CDT's short term assets (A$4.8M) exceed its long term liabilities (A$5.3K).
Debt to Equity History and Analysis
Debt Level: CDT is debt free.
Reducing Debt: CDT had no debt 5 years ago.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CDT has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 31% each year.