Centaurus Energy Balance Sheet Health
Financial Health criteria checks 4/6
Centaurus Energy has a total shareholder equity of $11.0M and total debt of $3.5M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are $16.1M and $5.1M respectively. Centaurus Energy's EBIT is $4.0M making its interest coverage ratio -8.4. It has cash and short-term investments of $50.0K.
Key information
31.6%
Debt to equity ratio
US$3.48m
Debt
| Interest coverage ratio | -8.4x |
| Cash | US$50.00k |
| Equity | US$11.02m |
| Total liabilities | US$5.11m |
| Total assets | US$16.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTAR.F's short term assets ($300.0K) do not cover its short term liabilities ($5.1M).
Long Term Liabilities: CTAR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CTAR.F's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: CTAR.F's debt to equity ratio has increased from 17% to 31.6% 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: Whilst unprofitable CTAR.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CTAR.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.