Aluula Composites Balance Sheet Health
Financial Health criteria checks 3/6
Aluula Composites has a total shareholder equity of CA$11.7M and total debt of CA$1.8M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CA$15.9M and CA$4.3M respectively.
Key information
15.2%
Debt to equity ratio
CA$1.77m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.19m |
Equity | CA$11.67m |
Total liabilities | CA$4.26m |
Total assets | CA$15.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUUA's short term assets (CA$5.5M) exceed its short term liabilities (CA$3.4M).
Long Term Liabilities: AUUA's short term assets (CA$5.5M) exceed its long term liabilities (CA$822.0K).
Debt to Equity History and Analysis
Debt Level: AUUA's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AUUA's debt to equity ratio has reduced 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: AUUA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AUUA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 70.1% each year