Aeris Environmental Balance Sheet Health
Financial Health criteria checks 4/6
Aeris Environmental has a total shareholder equity of A$1.2M 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$2.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.70m |
Equity | AU$1.19m |
Total liabilities | AU$2.15m |
Total assets | AU$3.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEI's short term assets (A$3.2M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: AEI's short term assets (A$3.2M) exceed its long term liabilities (A$52.4K).
Debt to Equity History and Analysis
Debt Level: AEI is debt free.
Reducing Debt: AEI has no debt compared to 5 years ago when its debt to equity ratio was 127.3%.
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: AEI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AEI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.1% each year