Alpha Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Alpha Exploration has a total shareholder equity of $14.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.9M and $1.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.23m |
Equity | US$14.77m |
Total liabilities | US$1.15m |
Total assets | US$15.91m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ALEX's short term assets ($3.3M) exceed its short term liabilities ($604.5K).
Long Term Liabilities: ALEX's short term assets ($3.3M) exceed its long term liabilities ($541.0K).
Debt to Equity History and Analysis
Debt Level: ALEX is debt free.
Reducing Debt: ALEX had no debt 5 years ago.
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: ALEX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALEX has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 11.1% each year.