ActivEX Balance Sheet Health
Financial Health criteria checks 2/6
ActivEX has a total shareholder equity of A$5.5M and total debt of A$2.4M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are A$8.0M and A$2.5M respectively.
Key information
43.9%
Debt to equity ratio
AU$2.42m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$376.22k |
| Equity | AU$5.50m |
| Total liabilities | AU$2.54m |
| Total assets | AU$8.04m |
Financial Position Analysis
Short Term Liabilities: AIV's short term assets (A$435.0K) do not cover its short term liabilities (A$2.5M).
Long Term Liabilities: AIV's short term assets (A$435.0K) exceed its long term liabilities (A$22.2K).
Debt to Equity History and Analysis
Debt Level: AIV's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: AIV's debt to equity ratio has increased from 13.8% to 43.9% 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: AIV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.2% each year