Asra Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Asra Minerals has a total shareholder equity of A$15.7M and total debt of A$374.9K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are A$16.9M and A$1.3M respectively.
Key information
2.4%
Debt to equity ratio
AU$374.91k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.84m |
| Equity | AU$15.66m |
| Total liabilities | AU$1.27m |
| Total assets | AU$16.93m |
Financial Position Analysis
Short Term Liabilities: ASR's short term assets (A$3.8M) exceed its short term liabilities (A$1.0M).
Long Term Liabilities: ASR's short term assets (A$3.8M) exceed its long term liabilities (A$263.6K).
Debt to Equity History and Analysis
Debt Level: ASR has more cash than its total debt.
Reducing Debt: ASR's debt to equity ratio has increased from 0.6% to 2.4% 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: ASR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.2% each year