Crr.Ax
Carrs is a diversified mining company operating in the Australian minerals sector, primarily engaged in the production and distribution of sand, gravel, and other construction materials.
Business. Carrs is a diversified mining company operating in the Australian minerals sector, primarily engaged in the production and distribution of sand, gravel, and other construction materials.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
Carrs is a diversified mining company operating in the Australian minerals sector, primarily engaged in the production and distribution of sand, gravel, and other construction materials.
Carrs' capital structure is characterized by a very low debt-to-equity ratio of 0.0, indicating a nearly debt-free balance sheet. However, the company's liquidity position is rated as medium, with a current ratio of 0.56, suggesting that its current assets are insufficient to cover its current liabilities. The company's free cash flow is negative at -4.87 million AUD, and its operating cash flow is also negative at -1.83 million AUD, indicating ongoing cash flow challenges.
Profitability metrics are negative, with a return on equity of -6.57% and a return on assets of -5.42%, both significantly below the industry median for Diversified Mining. These figures suggest that the company is not generating returns for shareholders or effectively utilizing its assets to generate profit.
Carrs' revenue is primarily concentrated in the Australian market, with no disclosed international operations. The company's business is segmented into aggregates, which include sand and gravel, and construction materials. No specific geographic breakdown is provided, but the company's operations are largely localized.
The company's growth trajectory is uncertain, with no disclosed revenue growth in the current fiscal year. The outlook for the next fiscal year is not provided, but the negative operating and net income figures suggest that the company is not currently in a growth phase. The capital expenditure of -2.90 million AUD indicates ongoing investment in the business, but the negative free cash flow suggests that these investments are not yet generating positive returns.
The risk assessment for Carrs indicates a medium liquidity risk and a low dilution risk. The company's net cash is negative after subtracting total debt, which could impact its ability to meet short-term obligations. The dilution risk is low, with no significant dilution potential identified in the basic shares outstanding.
Recent events include the company's latest financial report, which shows a net loss of 1.95 million AUD and an operating loss of 2.18 million AUD. No recent filings or transcripts are available to provide additional context on the company's strategic direction or operational performance.
- Carrs is a nearly debt-free company with a low debt-to-equity ratio of 0.0.
- The company is experiencing negative returns on equity and assets, indicating poor profitability.
- Carrs' liquidity position is medium, with a current ratio of 0.56, suggesting potential short-term financial stress.
- The company's growth trajectory is unclear, with no disclosed revenue growth and negative free cash flow.
- The risk assessment indicates a medium liquidity risk and a low dilution risk.
- Recent financial reports show a net loss and operating loss, highlighting ongoing financial challenges.
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- Net cash is negative after subtracting total debt.
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- CRR.AX Market data — financials · 2026-05-27