Australian Potash Balance Sheet Health
Financial Health criteria checks 6/6
Australian Potash has a total shareholder equity of A$746.4K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.6M and A$813.9K respectively. Australian Potash's EBIT is A$129.4K making its interest coverage ratio -19.7. It has cash and short-term investments of A$1.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -19.7x |
| Cash | AU$1.20m |
| Equity | AU$746.39k |
| Total liabilities | AU$813.90k |
| Total assets | AU$1.56m |
Recent financial health updates
Companies Like Australian Potash (ASX:APC) Could Be Quite Risky
Feb 09
Here's Why We're A Bit Worried About Australian Potash's (ASX:APC) Cash Burn Situation
Oct 18We Think Australian Potash (ASX:APC) Needs To Drive Business Growth Carefully
Jun 06Here's Why We're Watching Australian Potash's (ASX:APC) Cash Burn Situation
Dec 31
Recent updates
Companies Like Australian Potash (ASX:APC) Could Be Quite Risky
Feb 09Here's Why We're A Bit Worried About Australian Potash's (ASX:APC) Cash Burn Situation
Oct 18We Think Australian Potash (ASX:APC) Needs To Drive Business Growth Carefully
Jun 06How Much Is Australian Potash Limited (ASX:APC) CEO Getting Paid?
Feb 21Here's Why We're Watching Australian Potash's (ASX:APC) Cash Burn Situation
Dec 31Financial Position Analysis
Short Term Liabilities: APC's short term assets (A$1.5M) exceed its short term liabilities (A$813.9K).
Long Term Liabilities: APC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APC is debt free.
Reducing Debt: APC has not had any debt for past 5 years.
Debt Coverage: APC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APC has no debt, therefore coverage of interest payments is not a concern.