Australian Strategic Materials Balance Sheet Health
Financial Health criteria checks 6/6
Australian Strategic Materials has a total shareholder equity of A$204.6M and total debt of A$16.4M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are A$259.0M and A$54.4M respectively.
Key information
8.0%
Debt to equity ratio
AU$16.42m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$47.60m |
| Equity | AU$204.59m |
| Total liabilities | AU$54.37m |
| Total assets | AU$258.97m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ASM's short term assets (A$67.0M) exceed its short term liabilities (A$33.1M).
Long Term Liabilities: ASM's short term assets (A$67.0M) exceed its long term liabilities (A$21.2M).
Debt to Equity History and Analysis
Debt Level: ASM has more cash than its total debt.
Reducing Debt: ASM's debt to equity ratio has reduced from 318.4% to 8% 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: ASM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 32.4% each year.