Ausmon Resources Balance Sheet Health
Financial Health criteria checks 5/6
Ausmon Resources has a total shareholder equity of A$1.9M and total debt of A$480.0K, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are A$2.6M and A$699.2K respectively.
Key information
24.8%
Debt to equity ratio
AU$480.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$474.19k |
Equity | AU$1.94m |
Total liabilities | AU$699.19k |
Total assets | AU$2.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOA's short term assets (A$509.7K) exceed its short term liabilities (A$212.2K).
Long Term Liabilities: AOA's short term assets (A$509.7K) exceed its long term liabilities (A$487.0K).
Debt to Equity History and Analysis
Debt Level: AOA's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: AOA's debt to equity ratio has increased from 0% to 24.8% 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 sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AOA is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.