Audalia Resources Balance Sheet Health
Financial Health criteria checks 0/6
Audalia Resources has a total shareholder equity of A$2.6M and total debt of A$5.3M, which brings its debt-to-equity ratio to 204.4%. Its total assets and total liabilities are A$12.1M and A$9.5M respectively.
Key information
204.4%
Debt to equity ratio
AU$5.34m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.09k |
| Equity | AU$2.61m |
| Total liabilities | AU$9.52m |
| Total assets | AU$12.13m |
Financial Position Analysis
Short Term Liabilities: ACP's short term assets (A$117.9K) do not cover its short term liabilities (A$1.3M).
Long Term Liabilities: ACP's short term assets (A$117.9K) do not cover its long term liabilities (A$8.3M).
Debt to Equity History and Analysis
Debt Level: ACP's net debt to equity ratio (204%) is considered high.
Reducing Debt: ACP's debt to equity ratio has increased from 57.8% to 204.4% 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: ACP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACP has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.1% each year.