Allegiance Coal Limited

ASX:AHQ Stock Report

Mkt Cap: AU$41.2m

Allegiance Coal Financial Health

How is Allegiance Coal's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AHQ's short term assets (A$31.7M) do not cover its short term liabilities (A$89.9M).

Long Term Liabilities: AHQ's short term assets (A$31.7M) do not cover its long term liabilities (A$55.5M).

Debt to Equity History and Analysis

Debt Level: AHQ's net debt to equity ratio (226.7%) is considered high.

Reducing Debt: AHQ's debt to equity ratio has increased from 16.6% to 253.6% 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: AHQ has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AHQ is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.

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