Cadence Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Cadence Minerals has a total shareholder equity of £16.4M and total debt of £850.0K, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are £17.8M and £1.4M respectively.
Key information
5.2%
Debt to equity ratio
UK£850.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.03m |
| Equity | UK£16.38m |
| Total liabilities | UK£1.41m |
| Total assets | UK£17.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2REA's short term assets (£5.9M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: 2REA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2REA has more cash than its total debt.
Reducing Debt: 2REA's debt to equity ratio has reduced from 12.1% to 5.2% 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: 2REA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2REA has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 7.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 16:24 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cadence Minerals Plc is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrey Litvin | Edison Investment Research |
| Andrew Keen | Edison Investment Research |