Iron Road Balance Sheet Health
Financial Health criteria checks 3/6
Iron Road has a total shareholder equity of A$132.4M and total debt of A$503.2K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are A$134.8M and A$2.3M respectively.
Key information
0.4%
Debt to equity ratio
AU$503.22k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$189.97k |
| Equity | AU$132.44m |
| Total liabilities | AU$2.32m |
| Total assets | AU$134.76m |
Financial Position Analysis
Short Term Liabilities: IRD's short term assets (A$2.0M) do not cover its short term liabilities (A$2.3M).
Long Term Liabilities: IRD's short term assets (A$2.0M) exceed its long term liabilities (A$9.9K).
Debt to Equity History and Analysis
Debt Level: IRD's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: IRD's debt to equity ratio has reduced from 4.8% to 0.4% 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: IRD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IRD has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.3% each year.