Ajax Resources Balance Sheet Health
Financial Health criteria checks 5/6
Ajax Resources has a total shareholder equity of £887.8K and total debt of £9.1K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are £982.3K and £94.6K respectively.
Key information
1.0%
Debt to equity ratio
UK£9.10k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£974.14k |
| Equity | UK£887.79k |
| Total liabilities | UK£94.55k |
| Total assets | UK£982.34k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z8E's short term assets (£982.3K) exceed its short term liabilities (£94.6K).
Long Term Liabilities: Z8E has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: Z8E has more cash than its total debt.
Reducing Debt: Insufficient data to determine if Z8E'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: Z8E has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Z8E has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 34.1% each year.