Infini Resources Balance Sheet Health
Financial Health criteria checks 5/6
Infini Resources has a total shareholder equity of A$8.6M and total debt of A$211.1K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are A$10.0M and A$1.4M respectively.
Key information
2.4%
Debt to equity ratio
AU$211.05k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.02m |
| Equity | AU$8.65m |
| Total liabilities | AU$1.36m |
| Total assets | AU$10.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I88's short term assets (A$5.1M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: I88 has no long term liabilities.
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 more than 3 years based on its current free cash flow.
Forecast Cash Runway: I88 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 83.5% each year.