Aeon Metals Balance Sheet Health
Financial Health criteria checks 1/6
Aeon Metals has a total shareholder equity of A$64.0M and total debt of A$39.4M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are A$104.2M and A$40.2M respectively.
Key information
61.6%
Debt to equity ratio
AU$39.43m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.27m |
| Equity | AU$63.99m |
| Total liabilities | AU$40.24m |
| Total assets | AU$104.22m |
Financial Position Analysis
Short Term Liabilities: AML's short term assets (A$1.3M) do not cover its short term liabilities (A$40.2M).
Long Term Liabilities: AML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AML's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: AML's debt to equity ratio has increased from 27% to 61.6% 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: AML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AML has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.4% each year.