Alliance Nickel Balance Sheet Health
Financial Health criteria checks 4/6
Alliance Nickel has a total shareholder equity of A$51.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$52.3M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.41m |
| Equity | AU$51.05m |
| Total liabilities | AU$1.21m |
| Total assets | AU$52.26m |
Recent financial health updates
Here's Why Alliance Nickel (ASX:AXN) Must Use Its Cash Wisely
Oct 18
We Think Alliance Nickel (ASX:AXN) Needs To Drive Business Growth Carefully
Mar 17Here's Why We're Not Too Worried About GME Resources' (ASX:GME) Cash Burn Situation
Jul 04Here's Why We're Not Too Worried About GME Resources' (ASX:GME) Cash Burn Situation
Mar 21We Think GME Resources (ASX:GME) Needs To Drive Business Growth Carefully
Aug 31Recent updates
Here's Why Alliance Nickel (ASX:AXN) Must Use Its Cash Wisely
Oct 18We Think Alliance Nickel (ASX:AXN) Needs To Drive Business Growth Carefully
Mar 17Here's Why We're Not Too Worried About GME Resources' (ASX:GME) Cash Burn Situation
Jul 04Here's Why We're Not Too Worried About GME Resources' (ASX:GME) Cash Burn Situation
Mar 21We Think GME Resources (ASX:GME) Needs To Drive Business Growth Carefully
Aug 31We're Keeping An Eye On GME Resources' (ASX:GME) Cash Burn Rate
May 02Financial Position Analysis
Short Term Liabilities: AXN's short term assets (A$1.6M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: AXN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXN is debt free.
Reducing Debt: AXN 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: AXN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AXN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.6% each year