Charger Metals Balance Sheet Health
Financial Health criteria checks 3/6
Charger Metals has a total shareholder equity of A$13.0M and total debt of A$1.2M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are A$14.4M and A$1.4M respectively.
Key information
9.3%
Debt to equity ratio
AU$1.20m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.10m |
Equity | AU$12.97m |
Total liabilities | AU$1.40m |
Total assets | AU$14.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHR's short term assets (A$4.2M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: CHR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CHR's debt to equity ratio has reduced 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: CHR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CHR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 68.9% each year