Alara Resources Balance Sheet Health
Financial Health criteria checks 2/6
Alara Resources has a total shareholder equity of A$20.6M and total debt of A$97.2M, which brings its debt-to-equity ratio to 471.6%. Its total assets and total liabilities are A$171.9M and A$151.3M respectively.
Key information
471.6%
Debt to equity ratio
AU$97.17m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.69m |
| Equity | AU$20.60m |
| Total liabilities | AU$151.35m |
| Total assets | AU$171.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUQ's short term assets (A$16.9M) do not cover its short term liabilities (A$73.3M).
Long Term Liabilities: AUQ's short term assets (A$16.9M) do not cover its long term liabilities (A$78.1M).
Debt to Equity History and Analysis
Debt Level: AUQ's net debt to equity ratio (448.8%) is considered high.
Reducing Debt: AUQ's debt to equity ratio has increased from 3% to 471.6% 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: AUQ has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AUQ is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.