Comms Group Balance Sheet Health
Financial Health criteria checks 5/6
Comms Group has a total shareholder equity of A$31.3M and total debt of A$8.1M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are A$58.5M and A$27.2M respectively.
Key information
26.0%
Debt to equity ratio
AU$8.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.42m |
| Equity | AU$31.26m |
| Total liabilities | AU$27.23m |
| Total assets | AU$58.49m |
Recent financial health updates
Does Comms Group (ASX:CCG) Have A Healthy Balance Sheet?
Oct 23
Is Comms Group (ASX:CCG) Using Too Much Debt?
Oct 21Recent updates
Shareholders May Find It Hard To Justify Increasing Comms Group Limited's (ASX:CCG) CEO Compensation For Now
Nov 14Does Comms Group (ASX:CCG) Have A Healthy Balance Sheet?
Oct 23Comms Group Limited (ASX:CCG) Doing What It Can To Lift Shares
Jun 21Is Comms Group (ASX:CCG) Using Too Much Debt?
Oct 21A Look At The Intrinsic Value Of Comms Group Limited (ASX:CCG)
Jul 15Should You Use Comms Group's (ASX:CCG) Statutory Earnings To Analyse It?
Dec 10Financial Position Analysis
Short Term Liabilities: CCG's short term assets (A$30.1M) exceed its short term liabilities (A$17.0M).
Long Term Liabilities: CCG's short term assets (A$30.1M) exceed its long term liabilities (A$10.2M).
Debt to Equity History and Analysis
Debt Level: CCG's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: CCG's debt to equity ratio has increased from 0% to 26% 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: Whilst unprofitable CCG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CCG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.7% per year.