Carnegie Clean Energy Balance Sheet Health
Financial Health criteria checks 6/6
Carnegie Clean Energy has a total shareholder equity of A$21.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.5M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.00m |
Equity | AU$21.22m |
Total liabilities | AU$1.26m |
Total assets | AU$22.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCEDA's short term assets (A$5.2M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: CCEDA's short term assets (A$5.2M) exceed its long term liabilities (A$64.5K).
Debt to Equity History and Analysis
Debt Level: CCEDA is debt free.
Reducing Debt: CCEDA has no debt compared to 5 years ago when its debt to equity ratio was 14.4%.
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: CCEDA has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CCEDA is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.