Redstone Resources Financial Health

How is Redstone Resources's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RDS's short term assets (A$2.1M) exceed its short term liabilities (A$518.1K).

Long Term Liabilities: RDS has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: RDS is debt free.

Reducing Debt: RDS has not had any debt for 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: RDS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RDS has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 7.8% each year.

Discover healthy companies