ReNu Energy Balance Sheet Health
Financial Health criteria checks 6/6
ReNu Energy has a total shareholder equity of A$15.7M and total debt of A$106.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are A$17.0M and A$1.3M respectively.
Key information
0.7%
Debt to equity ratio
AU$105.95k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$245.21k |
| Equity | AU$15.69m |
| Total liabilities | AU$1.29m |
| Total assets | AU$16.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNE's short term assets (A$982.4K) exceed its short term liabilities (A$881.1K).
Long Term Liabilities: RNE's short term assets (A$982.4K) exceed its long term liabilities (A$405.9K).
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 20.3% to 0.7% 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 sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RNE is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.