Alexium International Group Balance Sheet Health
Financial Health criteria checks 6/6
Alexium International Group has a total shareholder equity of $3.3M and total debt of $368.7K, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are $5.2M and $1.9M respectively.
Key information
11.2%
Debt to equity ratio
US$368.65k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.05m |
| Equity | US$3.30m |
| Total liabilities | US$1.93m |
| Total assets | US$5.23m |
Recent financial health updates
Alexium International Group (ASX:AJX) Is Making Moderate Use Of Debt
Dec 23
Here'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's short term assets ($3.6M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: AJX's short term assets ($3.6M) exceed its long term liabilities ($443.7K).
Debt to Equity History and Analysis
Debt Level: AJX has more cash than its total debt.
Reducing Debt: AJX's debt to equity ratio has reduced from 1772% to 11.2% 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: 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 1.4 years if free cash flow continues to grow at historical rates of 31.3% each year.