Associate Global Partners Balance Sheet Health
Financial Health criteria checks 5/6
Associate Global Partners has a total shareholder equity of A$7.7M and total debt of A$1.4M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are A$12.7M and A$5.0M respectively.
Key information
18.2%
Debt to equity ratio
AU$1.40m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.18m |
| Equity | AU$7.73m |
| Total liabilities | AU$4.99m |
| Total assets | AU$12.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APL's short term assets (A$6.3M) exceed its short term liabilities (A$4.3M).
Long Term Liabilities: APL's short term assets (A$6.3M) exceed its long term liabilities (A$710.0K).
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 4.6% to 18.2% 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 4.3% each year