Aurumin Balance Sheet Health
Financial Health criteria checks 4/6
Aurumin has a total shareholder equity of A$13.5M and total debt of A$1.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are A$17.4M and A$3.9M respectively.
Key information
7.6%
Debt to equity ratio
AU$1.02m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.86m |
Equity | AU$13.50m |
Total liabilities | AU$3.88m |
Total assets | AU$17.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUN's short term assets (A$1.9M) do not cover its short term liabilities (A$2.5M).
Long Term Liabilities: AUN's short term assets (A$1.9M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: AUN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AUN's debt to equity ratio has reduced 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: AUN has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AUN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.