Genesis Resources Balance Sheet Health
Financial Health criteria checks 1/6
Genesis Resources has a total shareholder equity of A$4.8M and total debt of A$13.1M, which brings its debt-to-equity ratio to 274.8%. Its total assets and total liabilities are A$23.3M and A$18.6M respectively.
Key information
274.8%
Debt to equity ratio
AU$13.06m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$60.01k |
| Equity | AU$4.75m |
| Total liabilities | AU$18.55m |
| Total assets | AU$23.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GES's short term assets (A$236.8K) do not cover its short term liabilities (A$18.6M).
Long Term Liabilities: GES has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GES's net debt to equity ratio (273.6%) is considered high.
Reducing Debt: GES's debt to equity ratio has increased from 36.9% to 274.8% 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: GES has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GES has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.2% each year.