Australian Rare Earths Balance Sheet Health
Financial Health criteria checks 5/6
Australian Rare Earths has a total shareholder equity of A$23.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.7M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.87m |
Equity | AU$23.52m |
Total liabilities | AU$1.14m |
Total assets | AU$24.66m |
Recent financial health updates
We Think Australian Rare Earths (ASX:AR3) Needs To Drive Business Growth Carefully
Aug 25Is Australian Rare Earths (ASX:AR3) In A Good Position To Invest In Growth?
Apr 25We're Keeping An Eye On Australian Rare Earths' (ASX:AR3) Cash Burn Rate
Dec 13Australian Rare Earths (ASX:AR3) Is In A Good Position To Deliver On Growth Plans
Aug 16We're Hopeful That Australian Rare Earths (ASX:AR3) Will Use Its Cash Wisely
Apr 08Australian Rare Earths (ASX:AR3) Is In A Good Position To Deliver On Growth Plans
Oct 22Recent updates
We Think Australian Rare Earths (ASX:AR3) Needs To Drive Business Growth Carefully
Aug 25Is Australian Rare Earths (ASX:AR3) In A Good Position To Invest In Growth?
Apr 25We're Keeping An Eye On Australian Rare Earths' (ASX:AR3) Cash Burn Rate
Dec 13Australian Rare Earths (ASX:AR3) Is In A Good Position To Deliver On Growth Plans
Aug 16We're Hopeful That Australian Rare Earths (ASX:AR3) Will Use Its Cash Wisely
Apr 08Australian Rare Earths (ASX:AR3) Is In A Good Position To Deliver On Growth Plans
Oct 22Financial Position Analysis
Short Term Liabilities: AR3's short term assets (A$11.3M) exceed its short term liabilities (A$851.0K).
Long Term Liabilities: AR3's short term assets (A$11.3M) exceed its long term liabilities (A$290.1K).
Debt to Equity History and Analysis
Debt Level: AR3 is debt free.
Reducing Debt: AR3 has not had any debt for 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: AR3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AR3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.1% each year