Alexium International Group Balance Sheet Health
Financial Health criteria checks 2/6
Alexium International Group has a total shareholder equity of $-3.1M and total debt of $6.4M, which brings its debt-to-equity ratio to -207.7%. Its total assets and total liabilities are $5.4M and $8.5M respectively.
Key information
-207.7%
Debt to equity ratio
US$6.39m
Debt
Interest coverage ratio | n/a |
Cash | US$1.76m |
Equity | -US$3.08m |
Total liabilities | US$8.51m |
Total assets | US$5.43m |
Recent financial health updates
Alexium International Group (ASX:AJX) Is Making Moderate Use Of Debt
Dec 23Here's Why Alexium International Group (ASX:AJX) Can Afford Some Debt
Aug 30Is Alexium International Group (ASX:AJX) Weighed On By Its Debt Load?
Oct 08Alexium International Group (ASX:AJX) Has Debt But No Earnings; Should You Worry?
May 03Recent updates
Alexium International Group (ASX:AJX) Is Making Moderate Use Of Debt
Dec 23Here's Why Alexium International Group (ASX:AJX) Can Afford Some Debt
Aug 30Is Alexium International Group (ASX:AJX) Weighed On By Its Debt Load?
Oct 08Alexium International Group (ASX:AJX) Has Debt But No Earnings; Should You Worry?
May 03Should You Take Comfort From Insider Transactions At Alexium International Group Limited (ASX:AJX)?
Jan 18What We Learned About Alexium International Group's (ASX:AJX) CEO Compensation
Nov 27Financial Position Analysis
Short Term Liabilities: AJX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AJX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AJX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AJX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: AJX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AJX has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 30.7% each year.