Raiz Invest Balance Sheet Health
Financial Health criteria checks 5/6
Raiz Invest has a total shareholder equity of A$36.8M and total debt of A$973.0K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are A$44.8M and A$8.0M respectively.
Key information
2.6%
Debt to equity ratio
AU$973.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$8.47m |
Equity | AU$36.77m |
Total liabilities | AU$8.04m |
Total assets | AU$44.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5HK's short term assets (A$16.3M) exceed its short term liabilities (A$6.4M).
Long Term Liabilities: 5HK's short term assets (A$16.3M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: 5HK has more cash than its total debt.
Reducing Debt: 5HK's debt to equity ratio has increased from 1.5% to 2.6% 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: 5HK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5HK has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.3% each year