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Incannex Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Incannex Healthcare has a total shareholder equity of A$84.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$88.6M and A$4.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$33.36m |
| Equity | AU$84.13m |
| Total liabilities | AU$4.46m |
| Total assets | AU$88.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IHL's short term assets (A$34.7M) exceed its short term liabilities (A$3.8M).
Long Term Liabilities: IHL's short term assets (A$34.7M) exceed its long term liabilities (A$616.1K).
Debt to Equity History and Analysis
Debt Level: IHL is debt free.
Reducing Debt: IHL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: IHL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IHL has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 36.4% each year.