Aerometrex Balance Sheet Health
Financial Health criteria checks 5/6
Aerometrex has a total shareholder equity of A$26.4M and total debt of A$2.9M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are A$38.4M and A$12.0M respectively.
Key information
11.0%
Debt to equity ratio
AU$2.92m
Debt
Interest coverage ratio | n/a |
Cash | AU$10.22m |
Equity | AU$26.44m |
Total liabilities | AU$12.00m |
Total assets | AU$38.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMX's short term assets (A$13.6M) exceed its short term liabilities (A$8.5M).
Long Term Liabilities: AMX's short term assets (A$13.6M) exceed its long term liabilities (A$3.5M).
Debt to Equity History and Analysis
Debt Level: AMX has more cash than its total debt.
Reducing Debt: AMX's debt to equity ratio has reduced from 116.7% to 11% 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: AMX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AMX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.