Aspire Mining Balance Sheet Health
Financial Health criteria checks 6/6
Aspire Mining has a total shareholder equity of $45.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $45.2M and $212.5K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$15.99m |
Equity | US$44.99m |
Total liabilities | US$212.51k |
Total assets | US$45.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKM's short term assets ($17.9M) exceed its short term liabilities ($212.5K).
Long Term Liabilities: AKM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AKM is debt free.
Reducing Debt: AKM 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: AKM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AKM has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 6.3% each year.