Albion Resources Balance Sheet Health
Financial Health criteria checks 6/6
Albion Resources has a total shareholder equity of A$2.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.7M and A$38.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.64m |
| Equity | AU$2.65m |
| Total liabilities | AU$38.87k |
| Total assets | AU$2.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALB's short term assets (A$2.7M) exceed its short term liabilities (A$38.9K).
Long Term Liabilities: ALB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALB is debt free.
Reducing Debt: ALB currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: ALB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ALB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.5% each year