Australian Dairy Nutritionals Balance Sheet Health
Financial Health criteria checks 6/6
Australian Dairy Nutritionals has a total shareholder equity of A$26.7M and total debt of A$1.7M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are A$30.3M and A$3.6M respectively.
Key information
6.5%
Debt to equity ratio
AU$1.74m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.13m |
| Equity | AU$26.73m |
| Total liabilities | AU$3.62m |
| Total assets | AU$30.35m |
Financial Position Analysis
Short Term Liabilities: AHF's short term assets (A$9.0M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: AHF's short term assets (A$9.0M) exceed its long term liabilities (A$68.9K).
Debt to Equity History and Analysis
Debt Level: AHF has more cash than its total debt.
Reducing Debt: AHF's debt to equity ratio has reduced from 36.5% to 6.5% 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: AHF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AHF is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.