New Stratus Energy Balance Sheet Health
Financial Health criteria checks 6/6
New Stratus Energy has a total shareholder equity of CA$17.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$53.5M and CA$35.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$30.28m |
Equity | CA$17.81m |
Total liabilities | CA$35.72m |
Total assets | CA$53.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDRI.F's short term assets (CA$38.4M) exceed its short term liabilities (CA$11.8M).
Long Term Liabilities: RDRI.F's short term assets (CA$38.4M) exceed its long term liabilities (CA$23.9M).
Debt to Equity History and Analysis
Debt Level: RDRI.F is debt free.
Reducing Debt: RDRI.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 RDRI.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RDRI.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.1% per year.