Renascor Resources Balance Sheet Health
Financial Health criteria checks 6/6
Renascor Resources has a total shareholder equity of A$167.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$169.1M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$94.92m |
Equity | AU$167.49m |
Total liabilities | AU$1.57m |
Total assets | AU$169.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RU8's short term assets (A$126.0M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: RU8's short term assets (A$126.0M) exceed its long term liabilities (A$145.1K).
Debt to Equity History and Analysis
Debt Level: RU8 is debt free.
Reducing Debt: RU8 has not had any debt for past 5 years.
Debt Coverage: RU8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RU8 has no debt, therefore coverage of interest payments is not a concern.