ReNu Energy Balance Sheet Health
Financial Health criteria checks 4/6
ReNu Energy has a total shareholder equity of A$17.6M and total debt of A$200.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are A$18.9M and A$1.4M respectively.
Key information
1.1%
Debt to equity ratio
AU$200.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.94m |
Equity | AU$17.56m |
Total liabilities | AU$1.36m |
Total assets | AU$18.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNE's short term assets (A$2.5M) exceed its short term liabilities (A$761.1K).
Long Term Liabilities: RNE's short term assets (A$2.5M) exceed its long term liabilities (A$595.8K).
Debt to Equity History and Analysis
Debt Level: RNE has more cash than its total debt.
Reducing Debt: RNE's debt to equity ratio has reduced from 15.1% to 1.1% 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: RNE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RNE has less than a year of cash runway if free cash flow continues to grow at historical rates of 36.2% each year.