Cape Range Balance Sheet Health
Financial Health criteria checks 6/6
Cape Range has a total shareholder equity of A$1.7M and total debt of A$2.3K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$2.1M and A$409.6K respectively.
Key information
0.1%
Debt to equity ratio
AU$2.27k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.90m |
Equity | AU$1.72m |
Total liabilities | AU$409.60k |
Total assets | AU$2.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAG's short term assets (A$2.1M) exceed its short term liabilities (A$409.6K).
Long Term Liabilities: CAG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAG has more cash than its total debt.
Reducing Debt: CAG's debt to equity ratio has reduced from 2.8% to 0.1% 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: CAG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CAG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.1% each year