Chesser Resources Balance Sheet Health
Financial Health criteria checks 2/6
Chesser Resources has a total shareholder equity of A$27.0M and total debt of A$3.0M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are A$31.4M and A$4.4M respectively.
Key information
11.1%
Debt to equity ratio
AU$3.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.46m |
| Equity | AU$27.04m |
| Total liabilities | AU$4.38m |
| Total assets | AU$31.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHZ's short term assets (A$3.7M) do not cover its short term liabilities (A$4.4M).
Long Term Liabilities: CHZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHZ has more cash than its total debt.
Reducing Debt: CHZ's debt to equity ratio has increased from 0% to 11.1% over the 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: CHZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CHZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34% each year