Aguia Resources Balance Sheet Health
Financial Health criteria checks 5/6
Aguia Resources has a total shareholder equity of A$36.3M and total debt of A$190.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$37.3M and A$933.6K respectively.
Key information
0.5%
Debt to equity ratio
AU$190.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.01m |
| Equity | AU$36.35m |
| Total liabilities | AU$933.55k |
| Total assets | AU$37.28m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AGR's short term assets (A$1.2M) exceed its short term liabilities (A$933.6K).
Long Term Liabilities: AGR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGR has more cash than its total debt.
Reducing Debt: AGR's debt to equity ratio has increased from 0% to 0.5% 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: AGR has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGR is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.