ReadCloud Balance Sheet Health
Financial Health criteria checks 5/6
ReadCloud has a total shareholder equity of A$10.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.9M and A$4.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.10m |
| Equity | AU$10.16m |
| Total liabilities | AU$4.74m |
| Total assets | AU$14.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL's short term assets (A$5.8M) exceed its short term liabilities (A$4.5M).
Long Term Liabilities: RCL's short term assets (A$5.8M) exceed its long term liabilities (A$248.1K).
Debt to Equity History and Analysis
Debt Level: RCL is debt free.
Reducing Debt: RCL had no debt 5 years ago.
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: RCL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RCL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.