Resources & Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
Resources & Energy Group has a total shareholder equity of A$9.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.8M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$104.80k |
| Equity | AU$9.05m |
| Total liabilities | AU$1.71m |
| Total assets | AU$10.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REZ's short term assets (A$1.6M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: REZ's short term assets (A$1.6M) exceed its long term liabilities (A$380.1K).
Debt to Equity History and Analysis
Debt Level: REZ is debt free.
Reducing Debt: REZ currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: REZ has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: REZ is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.