AJN Resources Balance Sheet Health
Financial Health criteria checks 2/6
AJN Resources has a total shareholder equity of CA$821.5K and total debt of CA$1.3M, which brings its debt-to-equity ratio to 152.9%. Its total assets and total liabilities are CA$2.3M and CA$1.5M respectively.
Key information
152.9%
Debt to equity ratio
CA$1.26m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.19m |
Equity | CA$821.45k |
Total liabilities | CA$1.48m |
Total assets | CA$2.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AT's short term assets (CA$1.4M) do not cover its short term liabilities (CA$1.5M).
Long Term Liabilities: 5AT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5AT's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 5AT's debt to equity ratio has increased from 0% to 152.9% 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: 5AT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5AT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.4% each year