Azure Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Azure Minerals has a total shareholder equity of A$130.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$136.6M and A$6.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$117.50m |
| Equity | AU$130.63m |
| Total liabilities | AU$5.97m |
| Total assets | AU$136.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AZS's short term assets (A$119.4M) exceed its short term liabilities (A$5.4M).
Long Term Liabilities: AZS's short term assets (A$119.4M) exceed its long term liabilities (A$524.2K).
Debt to Equity History and Analysis
Debt Level: AZS is debt free.
Reducing Debt: AZS had no debt 5 years ago.
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: AZS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AZS has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 26.6% each year.