Redcastle Resources Balance Sheet Health
Financial Health criteria checks 6/6
Redcastle Resources has a total shareholder equity of A$3.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.0M and A$492.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$910.48k |
| Equity | AU$3.49m |
| Total liabilities | AU$492.43k |
| Total assets | AU$3.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RC1's short term assets (A$969.2K) exceed its short term liabilities (A$492.4K).
Long Term Liabilities: RC1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RC1 is debt free.
Reducing Debt: RC1 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: RC1 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RC1 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.