Auric Mining Balance Sheet Health
Financial Health criteria checks 6/6
Auric Mining has a total shareholder equity of A$11.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.3M and A$1.4M respectively. Auric Mining's EBIT is A$1.4M making its interest coverage ratio -53.6. It has cash and short-term investments of A$4.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -53.6x |
Cash | AU$4.49m |
Equity | AU$11.93m |
Total liabilities | AU$1.38m |
Total assets | AU$13.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWJ's short term assets (A$4.6M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: AWJ's short term assets (A$4.6M) exceed its long term liabilities (A$308.0K).
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.