Australian Strategic Materials Balance Sheet Health
Financial Health criteria checks 6/6
Australian Strategic Materials has a total shareholder equity of A$206.9M and total debt of A$17.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are A$257.5M and A$50.6M respectively.
Key information
8.2%
Debt to equity ratio
AU$17.03m
Debt
Interest coverage ratio | n/a |
Cash | AU$45.47m |
Equity | AU$206.90m |
Total liabilities | AU$50.57m |
Total assets | AU$257.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASM's short term assets (A$71.7M) exceed its short term liabilities (A$24.8M).
Long Term Liabilities: ASM's short term assets (A$71.7M) exceed its long term liabilities (A$25.8M).
Debt to Equity History and Analysis
Debt Level: ASM has more cash than its total debt.
Reducing Debt: ASM's debt to equity ratio has reduced from 285.7% to 8.2% 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: ASM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASM is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.