Redstone Resources Financial Health
How is Redstone Resources's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
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.
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.