Australis Oil & Gas Balance Sheet Health
Financial Health criteria checks 4/6
Australis Oil & Gas has a total shareholder equity of $48.6M and total debt of $11.3M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are $70.4M and $21.7M respectively.
Key information
23.2%
Debt to equity ratio
US$11.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.70m |
| Equity | US$48.62m |
| Total liabilities | US$21.73m |
| Total assets | US$70.35m |
Recent financial health updates
Is Australis Oil & Gas (ASX:ATS) Using Debt Sensibly?
Oct 16
Australis Oil & Gas (ASX:ATS) Has Debt But No Earnings; Should You Worry?
Jun 20We Think Australis Oil & Gas (ASX:ATS) Has A Fair Chunk Of Debt
Sep 30We Think Australis Oil & Gas (ASX:ATS) Can Stay On Top Of Its Debt
Jun 16Does Australis Oil & Gas (ASX:ATS) Have A Healthy Balance Sheet?
Aug 25We Think Australis Oil & Gas (ASX:ATS) Has A Fair Chunk Of Debt
Apr 28Recent updates
Is Australis Oil & Gas (ASX:ATS) Using Debt Sensibly?
Oct 16Benign Growth For Australis Oil & Gas Limited (ASX:ATS) Underpins Its Share Price
Aug 23Australis Oil & Gas (ASX:ATS) Has Debt But No Earnings; Should You Worry?
Jun 20Benign Growth For Australis Oil & Gas Limited (ASX:ATS) Underpins Its Share Price
Apr 18Estimating The Intrinsic Value Of Australis Oil & Gas Limited (ASX:ATS)
Mar 12Improved Revenues Required Before Australis Oil & Gas Limited (ASX:ATS) Shares Find Their Feet
Dec 29Are Investors Undervaluing Australis Oil & Gas Limited (ASX:ATS) By 31%?
Nov 04We Think Australis Oil & Gas (ASX:ATS) Has A Fair Chunk Of Debt
Sep 30Returns On Capital Are Showing Encouraging Signs At Australis Oil & Gas (ASX:ATS)
Jul 28We Think Australis Oil & Gas (ASX:ATS) Can Stay On Top Of Its Debt
Jun 16Calculating The Intrinsic Value Of Australis Oil & Gas Limited (ASX:ATS)
Mar 27We Like These Underlying Return On Capital Trends At Australis Oil & Gas (ASX:ATS)
Feb 20The Return Trends At Australis Oil & Gas (ASX:ATS) Look Promising
Nov 02Does Australis Oil & Gas (ASX:ATS) Have A Healthy Balance Sheet?
Aug 25We Think Australis Oil & Gas (ASX:ATS) Has A Fair Chunk Of Debt
Apr 28We Think Australis Oil & Gas (ASX:ATS) Can Stay On Top Of Its Debt
Sep 10Is Australis Oil & Gas Limited (ASX:ATS) Trading At A 36% Discount?
Nov 18Financial Position Analysis
Short Term Liabilities: ATS's short term assets ($11.1M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: ATS's short term assets ($11.1M) exceed its long term liabilities ($9.6M).
Debt to Equity History and Analysis
Debt Level: ATS's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: ATS's debt to equity ratio has increased from 10.1% to 23.2% 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: Whilst unprofitable ATS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ATS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Australis Oil & Gas Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Arden | Bell Potter |
| Andrew Williams | RaaS Advisory Pty Ltd |
| Gordon Ramsay | RBC Capital Markets |