Aurwest Resources Balance Sheet Health
Financial Health criteria checks 3/6
Aurwest Resources has a total shareholder equity of CA$339.0K and total debt of CA$14.3K, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CA$1.0M and CA$671.4K respectively.
Key information
4.2%
Debt to equity ratio
CA$14.30k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$12.54k |
| Equity | CA$338.99k |
| Total liabilities | CA$671.44k |
| Total assets | CA$1.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWR's short term assets (CA$40.7K) do not cover its short term liabilities (CA$671.4K).
Long Term Liabilities: AWR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWR's net debt to equity ratio (0.5%) is considered satisfactory.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AWR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.6% each year