Alderan Resources Balance Sheet Health
Financial Health criteria checks 5/6
Alderan Resources has a total shareholder equity of A$7.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.7M and A$383.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.31m |
Equity | AU$7.32m |
Total liabilities | AU$383.46k |
Total assets | AU$7.71m |
Financial Position Analysis
Short Term Liabilities: AL8's short term assets (A$1.4M) exceed its short term liabilities (A$383.5K).
Long Term Liabilities: AL8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AL8 is debt free.
Reducing Debt: AL8 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: AL8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AL8 has less than a year of cash runway if free cash flow continues to grow at historical rates of 17% each year.