Elevate Uranium Balance Sheet Health
Financial Health criteria checks 6/6
Elevate Uranium has a total shareholder equity of A$17.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.3M and A$645.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$15.74m |
Equity | AU$17.61m |
Total liabilities | AU$645.94k |
Total assets | AU$18.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELVU.F's short term assets (A$15.9M) exceed its short term liabilities (A$600.8K).
Long Term Liabilities: ELVU.F's short term assets (A$15.9M) exceed its long term liabilities (A$45.2K).
Debt to Equity History and Analysis
Debt Level: ELVU.F is debt free.
Reducing Debt: ELVU.F had no debt 5 years ago.
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: ELVU.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ELVU.F has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 35.4% each year.