Australian Silica Quartz Group Balance Sheet Health
Financial Health criteria checks 6/6
Australian Silica Quartz Group has a total shareholder equity of A$5.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.5M and A$501.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.91m |
Equity | AU$5.04m |
Total liabilities | AU$501.01k |
Total assets | AU$5.54m |
Recent financial health updates
Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation
Mar 29We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth
Nov 15We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth
Aug 02Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation
Apr 10Recent updates
Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation
Mar 29We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth
Nov 15We Think Australian Silica Quartz Group (ASX:ASQ) Can Easily Afford To Drive Business Growth
Aug 02Here's Why We're Not At All Concerned With Australian Silica Quartz Group's (ASX:ASQ) Cash Burn Situation
Apr 10Share Price Aside, Australian Silica Quartz Group (ASX:ASQ) Has Delivered Shareholders A 58% Return.
Dec 26Financial Position Analysis
Short Term Liabilities: ASQ's short term assets (A$3.0M) exceed its short term liabilities (A$501.0K).
Long Term Liabilities: ASQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASQ is debt free.
Reducing Debt: ASQ 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: ASQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASQ has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 10.5% each year.