RareX Balance Sheet Health
Financial Health criteria checks 4/6
RareX has a total shareholder equity of A$5.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.8M and A$1.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$851.90k |
| Equity | AU$5.43m |
| Total liabilities | AU$1.37m |
| Total assets | AU$6.79m |
Financial Position Analysis
Short Term Liabilities: REE's short term assets (A$3.1M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: REE's short term assets (A$3.1M) exceed its long term liabilities (A$141.2K).
Debt to Equity History and Analysis
Debt Level: REE is debt free.
Reducing Debt: REE 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: REE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.9% each year