Chesser Resources Balance Sheet Health
Financial Health criteria checks 2/6
Chesser Resources has a total shareholder equity of A$27.0M and total debt of A$3.0M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are A$31.4M and A$4.4M respectively.
Key information
11.1%
Debt to equity ratio
AU$3.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.46m |
| Equity | AU$27.04m |
| Total liabilities | AU$4.38m |
| Total assets | AU$31.41m |
Recent financial health updates
Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash Wisely
Apr 05
We're Keeping An Eye On Chesser Resources' (ASX:CHZ) Cash Burn Rate
Nov 10Is Chesser Resources (ASX:CHZ) In A Good Position To Invest In Growth?
Mar 10Is Chesser Resources (ASX:CHZ) In A Good Position To Deliver On Growth Plans?
Nov 23Chesser Resources (ASX:CHZ) Is In A Good Position To Deliver On Growth Plans
Aug 03We Think Chesser Resources (ASX:CHZ) Can Afford To Drive Business Growth
Apr 18Recent updates
Chesser Resources (ASX:CHZ) Will Have To Spend Its Cash Wisely
Apr 05We're Keeping An Eye On Chesser Resources' (ASX:CHZ) Cash Burn Rate
Nov 10Is Chesser Resources (ASX:CHZ) In A Good Position To Invest In Growth?
Mar 10Is Chesser Resources (ASX:CHZ) In A Good Position To Deliver On Growth Plans?
Nov 23Chesser Resources (ASX:CHZ) Is In A Good Position To Deliver On Growth Plans
Aug 03We Think Chesser Resources (ASX:CHZ) Can Afford To Drive Business Growth
Apr 18Financial Position Analysis
Short Term Liabilities: CHZ's short term assets (A$3.7M) do not cover its short term liabilities (A$4.4M).
Long Term Liabilities: CHZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHZ has more cash than its total debt.
Reducing Debt: CHZ's debt to equity ratio has increased from 0% to 11.1% 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: CHZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CHZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34% each year