DevEx Resources Balance Sheet Health
Financial Health criteria checks 5/6
DevEx Resources has a total shareholder equity of A$22.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.3M and A$3.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$16.77m |
| Equity | AU$22.88m |
| Total liabilities | AU$3.43m |
| Total assets | AU$26.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEV's short term assets (A$17.5M) exceed its short term liabilities (A$2.3M).
Long Term Liabilities: DEV's short term assets (A$17.5M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: DEV is debt free.
Reducing Debt: DEV 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: DEV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DEV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.6% each year