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AstiVita Balance Sheet Health
Financial Health criteria checks 3/6
Key information
60.3%
Debt to equity ratio
AU$3.27m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$388.00k |
| Equity | AU$5.42m |
| Total liabilities | AU$4.09m |
| Total assets | AU$9.50m |
Financial Position Analysis
Short Term Liabilities: AIR's short term assets (A$7.2M) exceed its short term liabilities (A$780.0K).
Long Term Liabilities: AIR's short term assets (A$7.2M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: AIR's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: AIR's debt to equity ratio has reduced from 70.5% to 60.3% over the 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: AIR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.6% each year