Adherium Balance Sheet Health
Financial Health criteria checks 4/6
Adherium has a total shareholder equity of A$9.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.7M and A$3.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.08m |
Equity | AU$9.21m |
Total liabilities | AU$3.47m |
Total assets | AU$12.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADRDA's short term assets (A$12.5M) exceed its short term liabilities (A$3.5M).
Long Term Liabilities: ADRDA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADRDA is debt free.
Reducing Debt: ADRDA 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: ADRDA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ADRDA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.