Circle Energy Balance Sheet Health
Financial Health criteria checks 6/6
Circle Energy has a total shareholder equity of $302.4K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $310.4K and $8.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$261.34k |
| Equity | US$302.36k |
| Total liabilities | US$8.00k |
| Total assets | US$310.36k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CRCE's short term assets ($275.9K) exceed its short term liabilities ($8.0K).
Long Term Liabilities: CRCE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRCE is debt free.
Reducing Debt: CRCE 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: CRCE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CRCE has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 25.6% each year.