Cavalier Resources Balance Sheet Health
Financial Health criteria checks 6/6
Cavalier Resources has a total shareholder equity of A$4.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.5M and A$318.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$346.62k |
| Equity | AU$4.15m |
| Total liabilities | AU$318.61k |
| Total assets | AU$4.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVR's short term assets (A$414.9K) exceed its short term liabilities (A$318.6K).
Long Term Liabilities: CVR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CVR is debt free.
Reducing Debt: CVR had no debt 5 years ago.
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: CVR has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CVR is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.