Aldoro Resources Balance Sheet Health
Financial Health criteria checks 4/6
Aldoro Resources has a total shareholder equity of A$12.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.8M and A$177.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.11m |
Equity | AU$12.62m |
Total liabilities | AU$177.84k |
Total assets | AU$12.80m |
Financial Position Analysis
Short Term Liabilities: ARN's short term assets (A$1.2M) exceed its short term liabilities (A$177.8K).
Long Term Liabilities: ARN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARN is debt free.
Reducing Debt: ARN 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: ARN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.6% each year