ADX Energy Balance Sheet Health
Financial Health criteria checks 2/6
ADX Energy has a total shareholder equity of A$26.6M and total debt of A$1.8M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are A$52.1M and A$25.4M respectively.
Key information
6.6%
Debt to equity ratio
AU$1.76m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$12.58m |
| Equity | AU$26.64m |
| Total liabilities | AU$25.43m |
| Total assets | AU$52.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADX's short term assets (A$17.4M) exceed its short term liabilities (A$5.8M).
Long Term Liabilities: ADX's short term assets (A$17.4M) do not cover its long term liabilities (A$19.6M).
Debt to Equity History and Analysis
Debt Level: ADX has more cash than its total debt.
Reducing Debt: ADX's debt to equity ratio has increased from 0% to 6.6% 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: ADX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ADX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.