Encounter Resources Balance Sheet Health
Financial Health criteria checks 5/6
Encounter Resources has a total shareholder equity of A$36.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$37.9M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.05m |
| Equity | AU$36.25m |
| Total liabilities | AU$1.68m |
| Total assets | AU$37.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E6H's short term assets (A$14.2M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: E6H's short term assets (A$14.2M) exceed its long term liabilities (A$137.7K).
Debt to Equity History and Analysis
Debt Level: E6H is debt free.
Reducing Debt: E6H had no debt 5 years ago.
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: E6H has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: E6H has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.8% each year