Encounter Resources Balance Sheet Health
Financial Health criteria checks 5/6
Encounter Resources has a total shareholder equity of A$36.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$37.9M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.05m |
| Equity | AU$36.25m |
| Total liabilities | AU$1.68m |
| Total assets | AU$37.93m |
Recent financial health updates
Here's Why We're Not Too Worried About Encounter Resources' (ASX:ENR) Cash Burn Situation
Mar 01
Here's Why We're Not Too Worried About Encounter Resources' (ASX:ENR) Cash Burn Situation
Nov 03Companies Like Encounter Resources (ASX:ENR) Are In A Position To Invest In Growth
Jul 20We're Not Very Worried About Encounter Resources' (ASX:ENR) Cash Burn Rate
Apr 05Will Encounter Resources (ASX:ENR) Spend Its Cash Wisely?
Dec 11Encounter Resources (ASX:ENR) Is In A Good Position To Deliver On Growth Plans
Aug 25Recent updates
Here's Why We're Not Too Worried About Encounter Resources' (ASX:ENR) Cash Burn Situation
Mar 01Here's Why We're Not Too Worried About Encounter Resources' (ASX:ENR) Cash Burn Situation
Nov 03Companies Like Encounter Resources (ASX:ENR) Are In A Position To Invest In Growth
Jul 20We're Not Very Worried About Encounter Resources' (ASX:ENR) Cash Burn Rate
Apr 05Encounter Resources (ASX:ENR) Is Posting Solid Earnings, But It Is Not All Good News
Mar 22Will Encounter Resources (ASX:ENR) Spend Its Cash Wisely?
Dec 11Encounter Resources (ASX:ENR) Is In A Good Position To Deliver On Growth Plans
Aug 25Encounter Resources (ASX:ENR) Is In A Good Position To Deliver On Growth Plans
Mar 28How Much Did Encounter Resources' (ASX:ENR) CEO Pocket Last Year?
Feb 03
Read This Before Selling Encounter Resources Limited (ASX:ENR) Shares
Dec 30Will Encounter Resources (ASX:ENR) Spend Its Cash Wisely?
Nov 23Financial Position Analysis
Short Term Liabilities: ENR's short term assets (A$14.2M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: ENR's short term assets (A$14.2M) exceed its long term liabilities (A$137.7K).
Debt to Equity History and Analysis
Debt Level: ENR is debt free.
Reducing Debt: ENR had no debt 5 years ago.
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: ENR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ENR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.8% each year