Askari Metals Balance Sheet Health

Financial Health criteria checks 5/6

Askari Metals has a total shareholder equity of A$9.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.3M and A$2.2M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$221.85k
EquityAU$9.13m
Total liabilitiesAU$2.21m
Total assetsAU$11.33m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AS2's short term assets (A$424.4K) do not cover its short term liabilities (A$2.2M).

Long Term Liabilities: AS2 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AS2 is debt free.

Reducing Debt: AS2 had no debt 5 years ago.


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.


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