Ausmon Resources Balance Sheet Health
Financial Health criteria checks 1/6
Ausmon Resources has a total shareholder equity of A$1.9M and total debt of A$450.0K, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are A$2.8M and A$965.4K respectively.
Key information
24.2%
Debt to equity ratio
AU$450.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$251.46k |
| Equity | AU$1.86m |
| Total liabilities | AU$965.36k |
| Total assets | AU$2.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOA's short term assets (A$285.0K) do not cover its short term liabilities (A$360.6K).
Long Term Liabilities: AOA's short term assets (A$285.0K) do not cover its long term liabilities (A$604.8K).
Debt to Equity History and Analysis
Debt Level: AOA's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: AOA's debt to equity ratio has increased from 0% to 24.2% 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: AOA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AOA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.3% each year