Aurora Energy Metals Balance Sheet Health
Financial Health criteria checks 5/6
Aurora Energy Metals has a total shareholder equity of A$3.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.3M and A$334.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.64m |
Equity | AU$3.00m |
Total liabilities | AU$334.70k |
Total assets | AU$3.33m |
Financial Position Analysis
Short Term Liabilities: 1AE's short term assets (A$2.9M) exceed its short term liabilities (A$334.7K).
Long Term Liabilities: 1AE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1AE is debt free.
Reducing Debt: 1AE has not had any debt for past 5 years.
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: 1AE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1AE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.8% each year