Alara Resources Balance Sheet Health
Financial Health criteria checks 0/6
Alara Resources has a total shareholder equity of A$28.7M and total debt of A$80.2M, which brings its debt-to-equity ratio to 279.7%. Its total assets and total liabilities are A$138.3M and A$109.6M respectively.
Key information
279.7%
Debt to equity ratio
AU$80.17m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.60m |
Equity | AU$28.66m |
Total liabilities | AU$109.63m |
Total assets | AU$138.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AU5's short term assets (A$9.5M) do not cover its short term liabilities (A$29.5M).
Long Term Liabilities: AU5's short term assets (A$9.5M) do not cover its long term liabilities (A$80.2M).
Debt to Equity History and Analysis
Debt Level: AU5's net debt to equity ratio (260.2%) is considered high.
Reducing Debt: AU5's debt to equity ratio has increased from 2.9% to 279.7% 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: AU5 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AU5 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.7% each year