Aeris Resources Balance Sheet Health
Financial Health criteria checks 2/6
Aeris Resources has a total shareholder equity of A$271.8M and total debt of A$40.6M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are A$562.7M and A$291.0M respectively.
Key information
14.9%
Debt to equity ratio
AU$40.61m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$25.09m |
| Equity | AU$271.79m |
| Total liabilities | AU$290.96m |
| Total assets | AU$562.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIS's short term assets (A$79.1M) do not cover its short term liabilities (A$112.5M).
Long Term Liabilities: AIS's short term assets (A$79.1M) do not cover its long term liabilities (A$178.5M).
Debt to Equity History and Analysis
Debt Level: AIS's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: AIS's debt to equity ratio has reduced from 56.4% to 14.9% 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: AIS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AIS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.