Airtasker Balance Sheet Health
Financial Health criteria checks 6/6
Airtasker has a total shareholder equity of A$32.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$50.5M and A$17.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.77m |
| Equity | AU$32.64m |
| Total liabilities | AU$17.89m |
| Total assets | AU$50.53m |
Recent financial health updates
Airtasker (ASX:ART) Is In A Strong Position To Grow Its Business
Jul 02
We Think Airtasker (ASX:ART) Can Easily Afford To Drive Business Growth
Jan 15Recent updates
Not Many Are Piling Into Airtasker Limited (ASX:ART) Stock Yet As It Plummets 26%
Aug 19Is There An Opportunity With Airtasker Limited's (ASX:ART) 48% Undervaluation?
Aug 08Airtasker (ASX:ART) Is In A Strong Position To Grow Its Business
Jul 02A Piece Of The Puzzle Missing From Airtasker Limited's (ASX:ART) 32% Share Price Climb
Mar 08We Think Airtasker (ASX:ART) Can Easily Afford To Drive Business Growth
Jan 15Airtasker Limited's (ASX:ART) Earnings Haven't Escaped The Attention Of Investors
Dec 19Fewer Investors Than Expected Jumping On Airtasker Limited (ASX:ART)
Apr 19Is There An Opportunity With Airtasker Limited's (ASX:ART) 47% Undervaluation?
Nov 29Financial Position Analysis
Short Term Liabilities: ART's short term assets (A$28.4M) exceed its short term liabilities (A$9.5M).
Long Term Liabilities: ART's short term assets (A$28.4M) exceed its long term liabilities (A$8.4M).
Debt to Equity History and Analysis
Debt Level: ART is debt free.
Reducing Debt: ART currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Whilst unprofitable ART has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ART is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.7% per year.