Astron Balance Sheet Health
Financial Health criteria checks 3/6
Astron has a total shareholder equity of A$79.2M and total debt of A$18.6M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are A$120.0M and A$40.8M respectively.
Key information
23.5%
Debt to equity ratio
AU$18.64m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.33m |
| Equity | AU$79.18m |
| Total liabilities | AU$40.80m |
| Total assets | AU$119.98m |
Financial Position Analysis
Short Term Liabilities: ATR's short term assets (A$10.2M) do not cover its short term liabilities (A$25.0M).
Long Term Liabilities: ATR's short term assets (A$10.2M) do not cover its long term liabilities (A$15.8M).
Debt to Equity History and Analysis
Debt Level: ATR's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: ATR's debt to equity ratio has increased from 5.3% to 23.5% 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: ATR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ATR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.