This company has been acquired
Carbon Revolution Balance Sheet Health
Financial Health criteria checks 3/6
Carbon Revolution has a total shareholder equity of A$15.7M and total debt of A$84.7M, which brings its debt-to-equity ratio to 538.2%. Its total assets and total liabilities are A$158.3M and A$142.6M respectively.
Key information
538.2%
Debt to equity ratio
AU$84.66m
Debt
Interest coverage ratio | n/a |
Cash | AU$19.58m |
Equity | AU$15.73m |
Total liabilities | AU$142.61m |
Total assets | AU$158.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CREV.F's short term assets (A$71.5M) exceed its short term liabilities (A$45.6M).
Long Term Liabilities: CREV.F's short term assets (A$71.5M) do not cover its long term liabilities (A$97.0M).
Debt to Equity History and Analysis
Debt Level: CREV.F's net debt to equity ratio (413.7%) is considered high.
Reducing Debt: Insufficient data to determine if CREV.F's debt to equity ratio has reduced 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: CREV.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CREV.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.