Auric Mining Balance Sheet Health
Financial Health criteria checks 6/6
Auric Mining has a total shareholder equity of A$15.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.6M and A$717.1K respectively. Auric Mining's EBIT is A$2.3M making its interest coverage ratio -29.5. It has cash and short-term investments of A$3.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -29.5x |
| Cash | AU$3.49m |
| Equity | AU$15.83m |
| Total liabilities | AU$717.06k |
| Total assets | AU$16.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AWJ's short term assets (A$6.8M) exceed its short term liabilities (A$364.3K).
Long Term Liabilities: AWJ's short term assets (A$6.8M) exceed its long term liabilities (A$352.7K).
Debt to Equity History and Analysis
Debt Level: AWJ is debt free.
Reducing Debt: AWJ had no debt 5 years ago.
Debt Coverage: AWJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AWJ has no debt, therefore coverage of interest payments is not a concern.