Caspin Resources Balance Sheet Health
Financial Health criteria checks 4/6
Caspin Resources has a total shareholder equity of A$2.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$403.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.19m |
Equity | AU$2.15m |
Total liabilities | AU$403.59k |
Total assets | AU$2.56m |
Financial Position Analysis
Short Term Liabilities: CPN's short term assets (A$2.4M) exceed its short term liabilities (A$396.9K).
Long Term Liabilities: CPN's short term assets (A$2.4M) exceed its long term liabilities (A$6.7K).
Debt to Equity History and Analysis
Debt Level: CPN is debt free.
Reducing Debt: CPN 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: CPN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CPN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.3% each year