Reward Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Reward Minerals has a total shareholder equity of A$20.1M and total debt of A$3.4M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are A$24.5M and A$4.3M respectively.
Key information
16.7%
Debt to equity ratio
AU$3.36m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.07m |
| Equity | AU$20.13m |
| Total liabilities | AU$4.33m |
| Total assets | AU$24.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWD's short term assets (A$1.2M) do not cover its short term liabilities (A$4.3M).
Long Term Liabilities: RWD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RWD's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: RWD's debt to equity ratio has increased from 0% to 16.7% over the 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: RWD has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RWD is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.