Raiden Resources Limited

CHIA:RDN Stock Report

Market Cap: AU$86.8m

Raiden Resources Balance Sheet Health

Financial Health criteria checks 6/6

Raiden Resources has a total shareholder equity of A$19.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.0M and A$201.2K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$7.88m
EquityAU$19.78m
Total liabilitiesAU$201.24k
Total assetsAU$19.99m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RDN's short term assets (A$8.2M) exceed its short term liabilities (A$201.2K).

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 2.1 years if free cash flow continues to reduce at historical rates of 20.3% each year.


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