Askari Metals Balance Sheet Health
Financial Health criteria checks 4/6
Askari Metals has a total shareholder equity of A$9.9M and total debt of A$600.0K, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are A$11.2M and A$1.3M respectively.
Key information
6.1%
Debt to equity ratio
AU$600.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$694.64k |
Equity | AU$9.92m |
Total liabilities | AU$1.32m |
Total assets | AU$11.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AS2's short term assets (A$950.2K) do not cover its short term liabilities (A$1.3M).
Long Term Liabilities: AS2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AS2 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AS2's debt to equity ratio has reduced 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: AS2 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AS2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.