Anson Resources Balance Sheet Health
Financial Health criteria checks 5/6
Anson Resources has a total shareholder equity of A$49.7M and total debt of A$360.6K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are A$54.6M and A$4.9M respectively.
Key information
0.7%
Debt to equity ratio
AU$360.64k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.22m |
| Equity | AU$49.66m |
| Total liabilities | AU$4.94m |
| Total assets | AU$54.60m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ASN's short term assets (A$9.1M) exceed its short term liabilities (A$3.0M).
Long Term Liabilities: ASN's short term assets (A$9.1M) exceed its long term liabilities (A$1.9M).
Debt to Equity History and Analysis
Debt Level: ASN has more cash than its total debt.
Reducing Debt: ASN's debt to equity ratio has increased from 0% to 0.7% 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: ASN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ASN is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.