AKORA Resources Balance Sheet Health
Financial Health criteria checks 4/6
AKORA Resources has a total shareholder equity of A$11.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.3M and A$176.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.32m |
| Equity | AU$11.09m |
| Total liabilities | AU$176.66k |
| Total assets | AU$11.27m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AKO's short term assets (A$1.3M) exceed its short term liabilities (A$176.7K).
Long Term Liabilities: AKO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AKO is debt free.
Reducing Debt: AKO has no debt compared to 5 years ago when its debt to equity ratio was 11.1%.
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: AKO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AKO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.9% each year