Carbine Resources Balance Sheet Health
Financial Health criteria checks 5/6
Carbine Resources has a total shareholder equity of A$9.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.4M and A$91.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$851.30k |
| Equity | AU$9.28m |
| Total liabilities | AU$91.08k |
| Total assets | AU$9.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRB's short term assets (A$895.6K) exceed its short term liabilities (A$91.1K).
Long Term Liabilities: CRB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRB is debt free.
Reducing Debt: CRB 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: CRB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.5% each year