Greenwing Resources Balance Sheet Health
Financial Health criteria checks 3/6
Greenwing Resources has a total shareholder equity of A$13.2M and total debt of A$4.2M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are A$26.0M and A$12.9M respectively.
Key information
31.8%
Debt to equity ratio
AU$4.19m
Debt
Interest coverage ratio | n/a |
Cash | AU$104.71k |
Equity | AU$13.15m |
Total liabilities | AU$12.85m |
Total assets | AU$26.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R2F's short term assets (A$12.6M) exceed its short term liabilities (A$12.4M).
Long Term Liabilities: R2F's short term assets (A$12.6M) exceed its long term liabilities (A$420.7K).
Debt to Equity History and Analysis
Debt Level: R2F's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: R2F's debt to equity ratio has increased from 0% to 31.8% 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: R2F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: R2F has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.6% each year.