AuMake Balance Sheet Health
Financial Health criteria checks 5/6
AuMake has a total shareholder equity of A$564.9K and total debt of A$2.2M, which brings its debt-to-equity ratio to 388.1%. Its total assets and total liabilities are A$4.4M and A$3.8M respectively.
Key information
388.1%
Debt to equity ratio
AU$2.19m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.03m |
| Equity | AU$564.90k |
| Total liabilities | AU$3.80m |
| Total assets | AU$4.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUK's short term assets (A$3.9M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: AUK's short term assets (A$3.9M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: AUK's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: AUK's debt to equity ratio has increased from 0% to 388.1% 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: AUK has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AUK is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.