Buru Energy Balance Sheet Health
Financial Health criteria checks 6/6
Buru Energy has a total shareholder equity of A$23.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$39.9M and A$16.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$18.20m |
Equity | AU$23.19m |
Total liabilities | AU$16.75m |
Total assets | AU$39.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRNG.F's short term assets (A$19.0M) exceed its short term liabilities (A$4.2M).
Long Term Liabilities: BRNG.F's short term assets (A$19.0M) exceed its long term liabilities (A$12.6M).
Debt to Equity History and Analysis
Debt Level: BRNG.F is debt free.
Reducing Debt: BRNG.F has no debt compared to 5 years ago when its debt to equity ratio was 5.3%.
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: BRNG.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BRNG.F has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 8.4% each year.