Akwaaba Mining Balance Sheet Health
Financial Health criteria checks 2/6
Akwaaba Mining has a total shareholder equity of CA$4.0M and total debt of CA$343.5K, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CA$4.5M and CA$487.3K respectively.
Key information
8.5%
Debt to equity ratio
CA$343.52k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$31.14k |
| Equity | CA$4.02m |
| Total liabilities | CA$487.26k |
| Total assets | CA$4.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AML's short term assets (CA$96.1K) do not cover its short term liabilities (CA$487.3K).
Long Term Liabilities: AML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AML's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: AML's debt to equity ratio has increased from 0% to 8.5% 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: AML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AML has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.2% each year.