Renascor Resources Balance Sheet Health
Financial Health criteria checks 6/6
Renascor Resources has a total shareholder equity of A$168.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$171.1M and A$2.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$80.02m |
| Equity | AU$168.76m |
| Total liabilities | AU$2.33m |
| Total assets | AU$171.09m |
Recent financial health updates
We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jun 27
Here's Why We're Not Too Worried About Renascor Resources' (ASX:RNU) Cash Burn Situation
Mar 09We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Nov 09We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jul 22We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Mar 29Renascor Resources (ASX:RNU) Is In A Strong Position To Grow Its Business
Dec 13Recent updates
Renascor Resources (ASX:RNU) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 08Renascor Resources (ASX:RNU) Strong Profits May Be Masking Some Underlying Issues
Mar 22We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jun 27Here's Why We're Not Too Worried About Renascor Resources' (ASX:RNU) Cash Burn Situation
Mar 09We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Nov 09We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jul 22We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Mar 29Renascor Resources (ASX:RNU) Is In A Strong Position To Grow Its Business
Dec 13We're Interested To See How Renascor Resources (ASX:RNU) Uses Its Cash Hoard To Grow
Aug 24We're Not Worried About Renascor Resources' (ASX:RNU) Cash Burn
May 10Is Renascor Resources (ASX:RNU) In A Good Position To Invest In Growth?
Jan 19
Financial Position Analysis
Short Term Liabilities: RNU's short term assets (A$113.2M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: RNU's short term assets (A$113.2M) exceed its long term liabilities (A$90.0K).
Debt to Equity History and Analysis
Debt Level: RNU is debt free.
Reducing Debt: RNU has not had any debt for past 5 years.
Debt Coverage: RNU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RNU has no debt, therefore coverage of interest payments is not a concern.