Australis Capital Balance Sheet Health
Financial Health criteria checks 3/6
Australis Capital has a total shareholder equity of CA$45.6M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CA$63.3M and CA$17.7M respectively.
Key information
5.4%
Debt to equity ratio
CA$2.45m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$727.69k |
| Equity | CA$45.60m |
| Total liabilities | CA$17.73m |
| Total assets | CA$63.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AC4's short term assets (CA$7.3M) do not cover its short term liabilities (CA$10.6M).
Long Term Liabilities: AC4's short term assets (CA$7.3M) exceed its long term liabilities (CA$7.1M).
Debt to Equity History and Analysis
Debt Level: AC4's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: AC4 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if AC4 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AC4 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.