Aluula Composites Balance Sheet Health
Financial Health criteria checks 3/6
Aluula Composites has a total shareholder equity of CA$9.8M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CA$14.5M and CA$4.7M respectively.
Key information
17.0%
Debt to equity ratio
CA$1.67m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.15m |
| Equity | CA$9.85m |
| Total liabilities | CA$4.70m |
| Total assets | CA$14.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUUA's short term assets (CA$4.3M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: AUUA's short term assets (CA$4.3M) exceed its long term liabilities (CA$664.8K).
Debt to Equity History and Analysis
Debt Level: AUUA's net debt to equity ratio (5.2%) 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 41.6% each year