Critical Resources Balance Sheet Health
Financial Health criteria checks 3/6
Critical Resources has a total shareholder equity of A$25.0M and total debt of A$39.9K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are A$31.2M and A$6.2M respectively.
Key information
0.2%
Debt to equity ratio
AU$39.90k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.26m |
| Equity | AU$25.01m |
| Total liabilities | AU$6.22m |
| Total assets | AU$31.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9S70's short term assets (A$2.4M) do not cover its short term liabilities (A$3.7M).
Long Term Liabilities: 9S70's short term assets (A$2.4M) do not cover its long term liabilities (A$2.5M).
Debt to Equity History and Analysis
Debt Level: 9S70 has more cash than its total debt.
Reducing Debt: 9S70's debt to equity ratio has increased from 0% to 0.2% 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: 9S70 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 9S70 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.