Cadence Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Cadence Minerals has a total shareholder equity of £21.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £21.9M and £166.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.74m |
| Equity | UK£21.76m |
| Total liabilities | UK£166.00k |
| Total assets | UK£21.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RARM.F's short term assets (£13.0M) exceed its short term liabilities (£166.0K).
Long Term Liabilities: RARM.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RARM.F is debt free.
Reducing Debt: RARM.F has no debt compared to 5 years ago when its debt to equity ratio was 37.6%.
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: Insufficient data to determine if RARM.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RARM.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.