Aero Energy Balance Sheet Health
Financial Health criteria checks 6/6
Aero Energy has a total shareholder equity of CA$14.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.9M and CA$602.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.36m |
| Equity | CA$14.34m |
| Total liabilities | CA$602.65k |
| Total assets | CA$14.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AERO's short term assets (CA$3.0M) exceed its short term liabilities (CA$602.6K).
Long Term Liabilities: AERO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AERO is debt free.
Reducing Debt: AERO has no debt compared to 5 years ago when its debt to equity ratio was 63.7%.
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: AERO has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AERO is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.