CGN Resources Balance Sheet Health
Financial Health criteria checks 6/6
CGN Resources has a total shareholder equity of A$6.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.4M and A$587.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.02m |
| Equity | AU$6.79m |
| Total liabilities | AU$587.90k |
| Total assets | AU$7.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGR's short term assets (A$7.1M) exceed its short term liabilities (A$571.6K).
Long Term Liabilities: CGR's short term assets (A$7.1M) exceed its long term liabilities (A$16.3K).
Debt to Equity History and Analysis
Debt Level: CGR is debt free.
Reducing Debt: CGR has not had any debt for 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: CGR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CGR has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 149.2% each year.