Admiralty Resources Balance Sheet Health

Financial Health criteria checks 2/6

Admiralty Resources has a total shareholder equity of A$6.5M and total debt of A$16.0M, which brings its debt-to-equity ratio to 244.6%. Its total assets and total liabilities are A$23.1M and A$16.6M respectively.

Key information

244.6%

Debt to equity ratio

AU$15.98m

Debt

Interest coverage ration/a
CashAU$110.20k
EquityAU$6.53m
Total liabilitiesAU$16.56m
Total assetsAU$23.10m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AHS's short term assets (A$163.1K) do not cover its short term liabilities (A$2.6M).

Long Term Liabilities: AHS's short term assets (A$163.1K) do not cover its long term liabilities (A$14.0M).


Debt to Equity History and Analysis

Debt Level: AHS's net debt to equity ratio (242.9%) is considered high.

Reducing Debt: AHS's debt to equity ratio has increased from 65.6% to 244.6% 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: AHS has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AHS is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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