Cryosite Financial Health
How is Cryosite's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CTE's short term assets (A$8.3M) exceed its short term liabilities (A$3.7M).
Long Term Liabilities: CTE's short term assets (A$8.3M) do not cover its long term liabilities (A$15.9M).
Debt to Equity History and Analysis
Debt Level: CTE is debt free.
Reducing Debt: CTE has not had any debt for past 5 years.
Debt Coverage: CTE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTE has no debt, therefore coverage of interest payments is not a concern.