Aruma Resources Balance Sheet Health
Financial Health criteria checks 6/6
Aruma Resources has a total shareholder equity of A$2.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.4M and A$157.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.30m |
| Equity | AU$2.25m |
| Total liabilities | AU$157.34k |
| Total assets | AU$2.41m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AAJ's short term assets (A$2.4M) exceed its short term liabilities (A$157.3K).
Long Term Liabilities: AAJ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AAJ is debt free.
Reducing Debt: AAJ has not had any debt for 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: AAJ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AAJ has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 18% each year.