Aspire Mining Balance Sheet Health
Financial Health criteria checks 4/6
Aspire Mining has a total shareholder equity of A$68.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$68.7M and A$206.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$28.02m |
| Equity | AU$68.45m |
| Total liabilities | AU$206.04k |
| Total assets | AU$68.66m |
Recent financial health updates
We're Not Very Worried About Aspire Mining's (ASX:AKM) Cash Burn Rate
Jan 19
Here's Why We're Not Too Worried About Aspire Mining's (ASX:AKM) Cash Burn Situation
Oct 06We're Not Very Worried About Aspire Mining's (ASX:AKM) Cash Burn Rate
Jul 13Companies Like Aspire Mining (ASX:AKM) Are In A Position To Invest In Growth
Mar 23We Think Aspire Mining (ASX:AKM) Can Easily Afford To Drive Business Growth
Sep 07We're Interested To See How Aspire Mining (ASX:AKM) Uses Its Cash Hoard To Grow
May 25Recent updates
We're Not Very Worried About Aspire Mining's (ASX:AKM) Cash Burn Rate
Jan 19Here's Why We're Not Too Worried About Aspire Mining's (ASX:AKM) Cash Burn Situation
Oct 06We're Not Very Worried About Aspire Mining's (ASX:AKM) Cash Burn Rate
Jul 13Companies Like Aspire Mining (ASX:AKM) Are In A Position To Invest In Growth
Mar 23We Think Aspire Mining (ASX:AKM) Can Easily Afford To Drive Business Growth
Sep 07We're Interested To See How Aspire Mining (ASX:AKM) Uses Its Cash Hoard To Grow
May 25We're Hopeful That Aspire Mining (ASX:AKM) Will Use Its Cash Wisely
Feb 09Financial Position Analysis
Short Term Liabilities: AKM's short term assets (A$29.0M) exceed its short term liabilities (A$206.0K).
Long Term Liabilities: AKM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AKM is debt free.
Reducing Debt: AKM has no debt compared to 5 years ago when its debt to equity ratio was 8%.
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: Insufficient data to determine if AKM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AKM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.