Auctus Investment Group Balance Sheet Health
Financial Health criteria checks 6/6
Auctus Investment Group has a total shareholder equity of A$27.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$36.2M and A$8.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.51m |
| Equity | AU$27.50m |
| Total liabilities | AU$8.73m |
| Total assets | AU$36.22m |
Recent financial health updates
Recent updates
Auctus Investment Group Limited's (ASX:AVC) Business And Shares Still Trailing The Industry
Jan 23
Market Participants Recognise Auctus Investment Group Limited's (ASX:AVC) Revenues
May 10Campbell McComb Is The Interim Chairman of Auctus Investment Group Limited (ASX:AVC) And They Just Sold 78% Of Their Shares
Dec 15Financial Position Analysis
Short Term Liabilities: AVC's short term assets (A$12.4M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: AVC's short term assets (A$12.4M) exceed its long term liabilities (A$5.4M).
Debt to Equity History and Analysis
Debt Level: AVC is debt free.
Reducing Debt: AVC has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.
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: Whilst unprofitable AVC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AVC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.6% per year.