Infini Resources Balance Sheet Health
Financial Health criteria checks 5/6
Infini Resources has a total shareholder equity of A$7.7M and total debt of A$24.5K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are A$8.3M and A$548.4K respectively.
Key information
0.3%
Debt to equity ratio
AU$24.52k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.02m |
| Equity | AU$7.75m |
| Total liabilities | AU$548.43k |
| Total assets | AU$8.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I88's short term assets (A$2.2M) exceed its short term liabilities (A$477.1K).
Long Term Liabilities: I88's short term assets (A$2.2M) exceed its long term liabilities (A$71.4K).
Debt to Equity History and Analysis
Debt Level: I88 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if I88's debt to equity ratio has reduced 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: I88 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: I88 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.