Raiden Resources Balance Sheet Health
Financial Health criteria checks 6/6
Raiden Resources has a total shareholder equity of A$20.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.5M and A$907.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.86m |
Equity | AU$20.62m |
Total liabilities | AU$907.01k |
Total assets | AU$21.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDN's short term assets (A$6.0M) exceed its short term liabilities (A$907.0K).
Long Term Liabilities: RDN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RDN is debt free.
Reducing Debt: RDN has not had any debt for 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: RDN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RDN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 19.5% each year.