Aspire Mining Balance Sheet Health

Financial Health criteria checks 6/6

Aspire Mining has a total shareholder equity of $44.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $44.4M and $380.9K respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$15.52m
EquityUS$44.06m
Total liabilitiesUS$380.92k
Total assetsUS$44.44m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AKM's short term assets ($16.7M) exceed its short term liabilities ($380.9K).

Long Term Liabilities: AKM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AKM is debt free.

Reducing Debt: AKM has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.


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 2.3 years if free cash flow continues to grow at historical rates of 9.7% each year.


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