Associate Global Partners Balance Sheet Health
Financial Health criteria checks 5/6
Associate Global Partners has a total shareholder equity of A$8.2M and total debt of A$1.3M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are A$13.3M and A$5.1M respectively.
Key information
15.3%
Debt to equity ratio
AU$1.25m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.38m |
Equity | AU$8.19m |
Total liabilities | AU$5.09m |
Total assets | AU$13.28m |
Recent financial health updates
No updates
Recent updates
Associate Global Partners Limited's (ASX:APL) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 06Shareholders May Not Be So Generous With Contango Asset Management Limited's (ASX:CGA) CEO Compensation And Here's Why
Nov 04Our View On Contango Asset Management's (ASX:CGA) CEO Pay
Dec 16Financial Position Analysis
Short Term Liabilities: APL's short term assets (A$6.8M) exceed its short term liabilities (A$4.3M).
Long Term Liabilities: APL's short term assets (A$6.8M) exceed its long term liabilities (A$784.0K).
Debt to Equity History and Analysis
Debt Level: APL has more cash than its total debt.
Reducing Debt: APL's debt to equity ratio has increased from 3.6% to 15.3% 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: APL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: APL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14.2% each year