Carnegie Clean Energy Balance Sheet Health
Financial Health criteria checks 6/6
Carnegie Clean Energy has a total shareholder equity of A$21.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.4M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.73m |
| Equity | AU$21.10m |
| Total liabilities | AU$1.30m |
| Total assets | AU$22.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNM1's short term assets (A$3.9M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: CNM1's short term assets (A$3.9M) exceed its long term liabilities (A$39.2K).
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 64.3%.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CNM1 has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 46% each year.