Audalia Resources Balance Sheet Health
Financial Health criteria checks 2/6
Audalia Resources has a total shareholder equity of A$2.1M and total debt of A$5.6M, which brings its debt-to-equity ratio to 271.9%. Its total assets and total liabilities are A$12.4M and A$10.3M respectively.
Key information
271.9%
Debt to equity ratio
AU$5.61m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$20.71k |
| Equity | AU$2.06m |
| Total liabilities | AU$10.33m |
| Total assets | AU$12.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACP's short term assets (A$91.9K) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: ACP's short term assets (A$91.9K) do not cover its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: ACP's net debt to equity ratio (270.9%) is considered high.
Reducing Debt: ACP's debt to equity ratio has increased from 63.2% to 271.9% 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: ACP has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ACP is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.