Elevate Uranium Balance Sheet Health
Financial Health criteria checks 6/6
Elevate Uranium has a total shareholder equity of A$11.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.3M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.83m |
| Equity | AU$11.78m |
| Total liabilities | AU$1.48m |
| Total assets | AU$13.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELVU.F's short term assets (A$10.9M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: ELVU.F's short term assets (A$10.9M) exceed its long term liabilities (A$40.8K).
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 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.