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Adventus Mining Balance Sheet Health
Financial Health criteria checks 3/6
Adventus Mining has a total shareholder equity of $148.3M and total debt of $6.2M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are $177.8M and $29.6M respectively.
Key information
4.2%
Debt to equity ratio
US$6.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.67m |
| Equity | US$148.26m |
| Total liabilities | US$29.56m |
| Total assets | US$177.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZC's short term assets ($7.8M) do not cover its short term liabilities ($16.1M).
Long Term Liabilities: AZC's short term assets ($7.8M) do not cover its long term liabilities ($13.4M).
Debt to Equity History and Analysis
Debt Level: AZC has more cash than its total debt.
Reducing Debt: AZC's debt to equity ratio has increased from 0% to 4.2% 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: AZC has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AZC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.