Aerometrex Balance Sheet Health
Financial Health criteria checks 5/6
Aerometrex has a total shareholder equity of A$24.5M and total debt of A$2.8M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are A$53.0M and A$28.5M respectively.
Key information
11.5%
Debt to equity ratio
AU$2.82m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.31m |
| Equity | AU$24.52m |
| Total liabilities | AU$28.53m |
| Total assets | AU$53.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMX's short term assets (A$12.6M) exceed its short term liabilities (A$10.5M).
Long Term Liabilities: AMX's short term assets (A$12.6M) do not cover its long term liabilities (A$18.0M).
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 169.3% to 11.5% 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: AMX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6% each year