Aurum Resources Balance Sheet Health
Financial Health criteria checks 6/6
Aurum Resources has a total shareholder equity of A$21.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.1M and A$855.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.82m |
| Equity | AU$21.23m |
| Total liabilities | AU$855.56k |
| Total assets | AU$22.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUE's short term assets (A$10.9M) exceed its short term liabilities (A$855.6K).
Long Term Liabilities: AUE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AUE is debt free.
Reducing Debt: AUE 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: AUE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AUE has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 60.1% each year.