Australian Pacific Coal Balance Sheet Health
Financial Health criteria checks 2/6
Australian Pacific Coal has a total shareholder equity of A$22.4M and total debt of A$5.5M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are A$56.0M and A$33.5M respectively.
Key information
24.5%
Debt to equity ratio
AU$5.50m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.29m |
| Equity | AU$22.42m |
| Total liabilities | AU$33.54m |
| Total assets | AU$55.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQC's short term assets (A$10.2M) do not cover its short term liabilities (A$13.5M).
Long Term Liabilities: AQC's short term assets (A$10.2M) do not cover its long term liabilities (A$20.0M).
Debt to Equity History and Analysis
Debt Level: AQC's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: AQC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AQC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AQC has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.7% each year.