Ragusa Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Ragusa Minerals has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.5M and A$80.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$440.02k |
| Equity | AU$2.37m |
| Total liabilities | AU$80.58k |
| Total assets | AU$2.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAS's short term assets (A$478.2K) exceed its short term liabilities (A$80.6K).
Long Term Liabilities: RAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RAS is debt free.
Reducing Debt: RAS currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: RAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.9% each year