Renegade Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Renegade Exploration has a total shareholder equity of A$2.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.1M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$85.14k |
| Equity | AU$2.49m |
| Total liabilities | AU$1.57m |
| Total assets | AU$4.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RNX's short term assets (A$1.2M) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: RNX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RNX is debt free.
Reducing Debt: RNX 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: RNX has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RNX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.