Centrex Balance Sheet Health
Financial Health criteria checks 4/6
Centrex has a total shareholder equity of A$21.8M and total debt of A$1.3M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are A$45.8M and A$24.1M respectively.
Key information
6.1%
Debt to equity ratio
AU$1.33m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.08m |
| Equity | AU$21.77m |
| Total liabilities | AU$24.07m |
| Total assets | AU$45.83m |
Recent financial health updates
Here's Why We're Watching Centrex's (ASX:CXM) Cash Burn Situation
Jan 03
We're Hopeful That Centrex (ASX:CXM) Will Use Its Cash Wisely
Dec 30We're Hopeful That Centrex Metals (ASX:CXM) Will Use Its Cash Wisely
Mar 19Recent updates
The Market Doesn't Like What It Sees From Centrex Limited's (ASX:CXM) Revenues Yet
Apr 01Here's Why We're Watching Centrex's (ASX:CXM) Cash Burn Situation
Jan 03We're Hopeful That Centrex (ASX:CXM) Will Use Its Cash Wisely
Dec 30We're Hopeful That Centrex Metals (ASX:CXM) Will Use Its Cash Wisely
Mar 19Financial Position Analysis
Short Term Liabilities: CXM's short term assets (A$10.5M) do not cover its short term liabilities (A$19.9M).
Long Term Liabilities: CXM's short term assets (A$10.5M) exceed its long term liabilities (A$4.1M).
Debt to Equity History and Analysis
Debt Level: CXM has more cash than its total debt.
Reducing Debt: CXM's debt to equity ratio has increased from 0% to 6.1% 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: CXM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CXM is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.