Connected IO Balance Sheet Health
Financial Health criteria checks 6/6
Connected IO has a total shareholder equity of A$2.0M and total debt of A$222.6K, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are A$2.4M and A$338.2K respectively.
Key information
10.9%
Debt to equity ratio
AU$222.64k
Debt
Interest coverage ratio | n/a |
Cash | AU$2.30m |
Equity | AU$2.04m |
Total liabilities | AU$338.23k |
Total assets | AU$2.38m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CIO's short term assets (A$2.4M) exceed its short term liabilities (A$338.2K).
Long Term Liabilities: CIO's short term assets (A$2.4M) exceed its long term liabilities (A$10.0).
Debt to Equity History and Analysis
Debt Level: CIO has more cash than its total debt.
Reducing Debt: CIO's debt to equity ratio has reduced from 16.8% to 10.9% 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: CIO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CIO has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 23.6% each year.