Aeris Resources Balance Sheet Health
Financial Health criteria checks 2/6
Aeris Resources has a total shareholder equity of A$271.8M and total debt of A$40.6M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are A$562.7M and A$291.0M respectively.
Key information
14.9%
Debt to equity ratio
AU$40.61m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$25.09m |
| Equity | AU$271.79m |
| Total liabilities | AU$290.96m |
| Total assets | AU$562.74m |
Recent financial health updates
Is Aeris Resources (ASX:AIS) Using Too Much Debt?
Sep 10
Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?
Apr 10Recent updates
Why Investors Shouldn't Be Surprised By Aeris Resources Limited's (ASX:AIS) 26% Share Price Plunge
Nov 21Aeris Resources Limited (ASX:AIS) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Oct 02Is Aeris Resources (ASX:AIS) Using Too Much Debt?
Sep 10Aeris Resources Limited (ASX:AIS) Not Doing Enough For Some Investors As Its Shares Slump 27%
Aug 05Little Excitement Around Aeris Resources Limited's (ASX:AIS) Revenues
Jun 05Is 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 28Financial Position Analysis
Short Term Liabilities: AIS's short term assets (A$79.1M) do not cover its short term liabilities (A$112.5M).
Long Term Liabilities: AIS's short term assets (A$79.1M) do not cover its long term liabilities (A$178.5M).
Debt to Equity History and Analysis
Debt Level: AIS's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: AIS's debt to equity ratio has reduced from 56.4% to 14.9% 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: Insufficient data to determine if AIS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aeris Resources Limited is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coates | Bell Potter |
| Mitch Ryan | Jefferies LLC |
| Daniel Roden | Jefferies LLC |