Ragnar Metals Balance Sheet Health
Financial Health criteria checks 6/6
Ragnar Metals has a total shareholder equity of A$10.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.5M and A$610.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.35m |
| Equity | AU$10.90m |
| Total liabilities | AU$610.81k |
| Total assets | AU$11.51m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAG's short term assets (A$9.5M) exceed its short term liabilities (A$610.8K).
Long Term Liabilities: RAG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RAG is debt free.
Reducing Debt: RAG 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: RAG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RAG has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 15.4% each year.