Rapid Nutrition Balance Sheet Health
Financial Health criteria checks 3/6
Rapid Nutrition has a total shareholder equity of A$180.4K and total debt of A$194.9K, which brings its debt-to-equity ratio to 108%. Its total assets and total liabilities are A$918.3K and A$737.9K respectively.
Key information
108.0%
Debt to equity ratio
AU$194.87k
Debt
Interest coverage ratio | n/a |
Cash | AU$488.10k |
Equity | AU$180.38k |
Total liabilities | AU$737.89k |
Total assets | AU$918.27k |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALRPD's short term assets (A$823.8K) exceed its short term liabilities (A$723.4K).
Long Term Liabilities: ALRPD's short term assets (A$823.8K) exceed its long term liabilities (A$14.5K).
Debt to Equity History and Analysis
Debt Level: ALRPD has more cash than its total debt.
Reducing Debt: ALRPD's debt to equity ratio has increased from 16.3% to 108% 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: ALRPD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALRPD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.