Rapid Nutrition Balance Sheet Health
Financial Health criteria checks 5/6
Rapid Nutrition has a total shareholder equity of A$1.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.2M and A$71.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.03m |
| Equity | AU$1.15m |
| Total liabilities | AU$71.24k |
| Total assets | AU$1.22m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALRPD's short term assets (A$1.2M) exceed its short term liabilities (A$71.2K).
Long Term Liabilities: ALRPD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALRPD is debt free.
Reducing Debt: ALRPD has no debt compared to 5 years ago when its debt to equity ratio was 16.7%.
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: ALRPD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALRPD has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.1% each year