Carnegie Clean Energy Limited

ASX:CCEDA Stock Report

Market Cap: AU$16.3m

Carnegie Clean Energy Balance Sheet Health

Financial Health criteria checks 4/6

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 ration/a
CashAU$2.00m
EquityAU$21.22m
Total liabilitiesAU$1.26m
Total assetsAU$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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CCEDA has less than a year of cash runway if free cash flow continues to grow at historical rates of 51.8% each year.


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