Aurum Resources Balance Sheet Health
Financial Health criteria checks 6/6
Aurum Resources has a total shareholder equity of A$8.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.9M and A$1.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.65m |
Equity | AU$8.53m |
Total liabilities | AU$1.35m |
Total assets | AU$9.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUE's short term assets (A$1.7M) exceed its short term liabilities (A$1.4M).
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 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.