Carnegie Clean Energy Balance Sheet Health
Financial Health criteria checks 6/6
Carnegie Clean Energy has a total shareholder equity of A$21.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.4M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.73m |
| Equity | AU$21.10m |
| Total liabilities | AU$1.30m |
| Total assets | AU$22.40m |
Recent financial health updates
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely
Jul 14
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely
Mar 17We're Interested To See How Carnegie Clean Energy (ASX:CCE) Uses Its Cash Hoard To Grow
Dec 02We Think Carnegie Clean Energy (ASX:CCE) Can Easily Afford To Drive Business Growth
Jul 27Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business
Mar 28Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business
Dec 13Recent updates
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely
Jul 14We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely
Mar 17We're Interested To See How Carnegie Clean Energy (ASX:CCE) Uses Its Cash Hoard To Grow
Dec 02We Think Carnegie Clean Energy (ASX:CCE) Can Easily Afford To Drive Business Growth
Jul 27Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business
Mar 28Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business
Dec 13Here's Why We're Not At All Concerned With Carnegie Clean Energy's (ASX:CCE) Cash Burn Situation
Aug 30Is Carnegie Clean Energy (ASX:CCE) Using Debt In A Risky Way?
Dec 11Financial Position Analysis
Short Term Liabilities: CCE's short term assets (A$3.9M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: CCE's short term assets (A$3.9M) exceed its long term liabilities (A$39.2K).
Debt to Equity History and Analysis
Debt Level: CCE is debt free.
Reducing Debt: CCE has no debt compared to 5 years ago when its debt to equity ratio was 64.3%.
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: CCE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CCE has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 46% each year.