Citius Resources Balance Sheet Health
Financial Health criteria checks 6/6
Insufficient data to determine the health of Citius Resources
Key information
n/a
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£757.10k |
| Equity | UK£737.16k |
| Total liabilities | UK£40.02k |
| Total assets | UK£777.18k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRES's short term assets (£777.2K) exceed its short term liabilities (£40.0K).
Long Term Liabilities: CRES has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRES is debt free.
Reducing Debt: CRES has not had any debt for 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: CRES has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CRES has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.1% each year