Adherium Balance Sheet Health
Financial Health criteria checks 6/6
Adherium has a total shareholder equity of A$4.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.2M and A$2.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.14m |
Equity | AU$4.62m |
Total liabilities | AU$2.61m |
Total assets | AU$7.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADR's short term assets (A$7.1M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: ADR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADR is debt free.
Reducing Debt: ADR had no debt 5 years ago.
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: ADR has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ADR is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.