Resources & Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
Resources & Energy Group has a total shareholder equity of A$10.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.8M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.06m |
| Equity | AU$10.33m |
| Total liabilities | AU$1.48m |
| Total assets | AU$11.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REZ's short term assets (A$1.1M) do not cover its short term liabilities (A$1.1M).
Long Term Liabilities: REZ's short term assets (A$1.1M) exceed its long term liabilities (A$331.1K).
Debt to Equity History and Analysis
Debt Level: REZ is debt free.
Reducing Debt: REZ has no debt compared to 5 years ago when its debt to equity ratio was 6.4%.
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: REZ has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: REZ is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.