Asara Resources Balance Sheet Health

Financial Health criteria checks 5/6

Asara Resources has a total shareholder equity of A$26.5M and total debt of A$500.0K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are A$28.2M and A$1.7M respectively.

Key information

1.9%

Debt to equity ratio

AU$500.00k

Debt

Interest coverage ration/a
CashAU$1.34m
EquityAU$26.53m
Total liabilitiesAU$1.68m
Total assetsAU$28.21m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ALM1's short term assets (A$4.7M) exceed its short term liabilities (A$1.7M).

Long Term Liabilities: ALM1's short term assets (A$4.7M) exceed its long term liabilities (A$8.1K).


Debt to Equity History and Analysis

Debt Level: ALM1 has more cash than its total debt.

Reducing Debt: ALM1's debt to equity ratio has increased from 0% to 1.9% 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: ALM1 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ALM1 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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