Enegex Balance Sheet Health
Financial Health criteria checks 6/6
Enegex has a total shareholder equity of A$2.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.1M and A$221.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.17m |
| Equity | AU$2.87m |
| Total liabilities | AU$221.51k |
| Total assets | AU$3.09m |
Financial Position Analysis
Short Term Liabilities: ENX's short term assets (A$2.2M) exceed its short term liabilities (A$221.5K).
Long Term Liabilities: ENX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ENX is debt free.
Reducing Debt: ENX 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: ENX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ENX has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 40.2% each year.