Ardiden Balance Sheet Health
Financial Health criteria checks 6/6
Ardiden has a total shareholder equity of A$31.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$31.8M and A$116.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.84m |
| Equity | AU$31.69m |
| Total liabilities | AU$116.28k |
| Total assets | AU$31.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADV's short term assets (A$13.2M) exceed its short term liabilities (A$102.9K).
Long Term Liabilities: ADV's short term assets (A$13.2M) exceed its long term liabilities (A$13.4K).
Debt to Equity History and Analysis
Debt Level: ADV is debt free.
Reducing Debt: ADV had no debt 5 years ago.
Debt Coverage: ADV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADV has no debt, therefore coverage of interest payments is not a concern.