Australian Rare Earths Balance Sheet Health
Financial Health criteria checks 5/6
Australian Rare Earths has a total shareholder equity of A$22.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.8M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.61m |
| Equity | AU$22.08m |
| Total liabilities | AU$1.69m |
| Total assets | AU$23.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AR3's short term assets (A$8.5M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: AR3's short term assets (A$8.5M) exceed its long term liabilities (A$512.0K).
Debt to Equity History and Analysis
Debt Level: AR3 is debt free.
Reducing Debt: AR3 has not had any debt for 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: AR3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AR3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.4% each year