Aurwest Resources Balance Sheet Health
Financial Health criteria checks 5/6
Aurwest Resources has a total shareholder equity of CA$523.9K and total debt of CA$43.6K, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CA$1.1M and CA$540.0K respectively.
Key information
8.3%
Debt to equity ratio
CA$43.62k
Debt
Interest coverage ratio | n/a |
Cash | CA$70.00k |
Equity | CA$523.90k |
Total liabilities | CA$540.01k |
Total assets | CA$1.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWR's short term assets (CA$97.4K) do not cover its short term liabilities (CA$540.0K).
Long Term Liabilities: AWR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWR has more cash than its total debt.
Reducing Debt: AWR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AWR has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AWR is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.