Carbonxt Group Balance Sheet Health

Financial Health criteria checks 3/6

Carbonxt Group has a total shareholder equity of A$12.0M and total debt of A$10.9M, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are A$33.5M and A$21.5M respectively.

Key information

91.1%

Debt to equity ratio

AU$10.92m

Debt

Interest coverage ration/a
CashAU$932.89k
EquityAU$11.99m
Total liabilitiesAU$21.48m
Total assetsAU$33.47m

Recent financial health updates

Recent updates

Carbonxt Group Limited (ASX:CG1) Held Back By Insufficient Growth Even After Shares Climb 28%

Jul 21
Carbonxt Group Limited (ASX:CG1) Held Back By Insufficient Growth Even After Shares Climb 28%

Carbonxt Group Limited's (ASX:CG1) Share Price Boosted 34% But Its Business Prospects Need A Lift Too

Jan 22
Carbonxt Group Limited's (ASX:CG1) Share Price Boosted 34% But Its Business Prospects Need A Lift Too

Shareholders Will Likely Find Carbonxt Group Limited's (ASX:CG1) CEO Compensation Acceptable

Nov 20
Shareholders Will Likely Find Carbonxt Group Limited's (ASX:CG1) CEO Compensation Acceptable

Is Carbonxt Group (ASX:CG1) A Risky Investment?

Nov 03
Is Carbonxt Group (ASX:CG1) A Risky Investment?

Carbonxt Group Limited (ASX:CG1) Surges 29% Yet Its Low P/S Is No Reason For Excitement

Aug 26
Carbonxt Group Limited (ASX:CG1) Surges 29% Yet Its Low P/S Is No Reason For Excitement

Is Carbonxt Group (ASX:CG1) Using Debt In A Risky Way?

Jun 09
Is Carbonxt Group (ASX:CG1) Using Debt In A Risky Way?

Does Carbonxt Group (ASX:CG1) Have A Healthy Balance Sheet?

Aug 31
Does Carbonxt Group (ASX:CG1) Have A Healthy Balance Sheet?

Carbonxt Group (ASX:CG1) Is Carrying A Fair Bit Of Debt

Dec 07
Carbonxt Group (ASX:CG1) Is Carrying A Fair Bit Of Debt

Here's Why Carbonxt Group (ASX:CG1) Can Afford Some Debt

May 04
Here's Why Carbonxt Group (ASX:CG1) Can Afford Some Debt

Here's What We Think About Carbonxt Group's (ASX:CG1) CEO Pay

Jan 19
Here's What We Think About Carbonxt Group's (ASX:CG1) CEO Pay

Financial Position Analysis

Short Term Liabilities: CG1's short term assets (A$3.9M) do not cover its short term liabilities (A$18.1M).

Long Term Liabilities: CG1's short term assets (A$3.9M) exceed its long term liabilities (A$3.4M).


Debt to Equity History and Analysis

Debt Level: CG1's net debt to equity ratio (83.3%) is considered high.

Reducing Debt: CG1's debt to equity ratio has increased from 47.1% to 91.1% over the past 5 years.


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: CG1 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CG1 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/22 05:03
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Carbonxt Group Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Darren VincentShaw and Partners Limited