Aeris Resources Balance Sheet Health
Financial Health criteria checks 2/6
Aeris Resources has a total shareholder equity of A$278.3M and total debt of A$39.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are A$579.9M and A$301.7M respectively.
Key information
14.1%
Debt to equity ratio
AU$39.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$22.96m |
| Equity | AU$278.27m |
| Total liabilities | AU$301.65m |
| Total assets | AU$579.92m |
Recent financial health updates
Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?
Apr 10
Aeris Resources (ASX:AIS) Seems To Use Debt Quite Sensibly
Oct 18Recent updates
Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?
Apr 10Aeris Resources Limited's (ASX:AIS) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 06The Aeris Resources Limited (ASX:AIS) Half-Year Results Are Out And Analysts Have Published New Forecasts
Mar 02Aeris Resources Limited (ASX:AIS) Stock Catapults 32% Though Its Price And Business Still Lag The Industry
Dec 30Estimating The Fair Value Of Aeris Resources Limited (ASX:AIS)
Jul 07Fewer Investors Than Expected Jumping On Aeris Resources Limited (ASX:AIS)
Apr 28Aeris Resources (ASX:AIS) Seems To Use Debt Quite Sensibly
Oct 18Financial Position Analysis
Short Term Liabilities: AIS's short term assets (A$97.8M) do not cover its short term liabilities (A$122.8M).
Long Term Liabilities: AIS's short term assets (A$97.8M) do not cover its long term liabilities (A$178.9M).
Debt to Equity History and Analysis
Debt Level: AIS's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: AIS's debt to equity ratio has reduced from 53.8% to 14.1% 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: AIS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.2% each year