Carnegie Clean Energy Balance Sheet Health
Financial Health criteria checks 4/6
Carnegie Clean Energy has a total shareholder equity of A$20.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.6M and A$651.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.36m |
Equity | AU$19.96m |
Total liabilities | AU$651.18k |
Total assets | AU$20.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNM1's short term assets (A$3.2M) exceed its short term liabilities (A$617.5K).
Long Term Liabilities: CNM1's short term assets (A$3.2M) exceed its long term liabilities (A$33.7K).
Debt to Equity History and Analysis
Debt Level: CNM1 is debt free.
Reducing Debt: CNM1 has no debt compared to 5 years ago when its debt to equity ratio was 30.5%.
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: CNM1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CNM1 has less than a year of cash runway if free cash flow continues to grow at historical rates of 51.7% each year.