Australian Pacific Coal Balance Sheet Health
Financial Health criteria checks 4/6
Australian Pacific Coal has a total shareholder equity of A$18.8M and total debt of A$50.0M, which brings its debt-to-equity ratio to 265.8%. Its total assets and total liabilities are A$102.5M and A$83.6M respectively.
Key information
265.8%
Debt to equity ratio
AU$50.02m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.78m |
| Equity | AU$18.82m |
| Total liabilities | AU$83.64m |
| Total assets | AU$102.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQC's short term assets (A$22.8M) exceed its short term liabilities (A$14.3M).
Long Term Liabilities: AQC's short term assets (A$22.8M) do not cover its long term liabilities (A$69.3M).
Debt to Equity History and Analysis
Debt Level: AQC's net debt to equity ratio (171.3%) is considered high.
Reducing Debt: AQC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AQC has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AQC is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.