Castle Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Castle Minerals has a total shareholder equity of A$510.7K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.1M and A$595.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.02m |
| Equity | AU$510.72k |
| Total liabilities | AU$595.62k |
| Total assets | AU$1.11m |
Financial Position Analysis
Short Term Liabilities: CDT's short term assets (A$1.1M) exceed its short term liabilities (A$579.4K).
Long Term Liabilities: CDT's short term assets (A$1.1M) exceed its long term liabilities (A$16.2K).
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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CDT is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.