American Aires Balance Sheet Health
Financial Health criteria checks 6/6
American Aires has a total shareholder equity of CA$1.0M and total debt of CA$734.8K, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are CA$5.0M and CA$3.9M respectively.
Key information
71.0%
Debt to equity ratio
CA$734.84k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.32m |
Equity | CA$1.03m |
Total liabilities | CA$3.92m |
Total assets | CA$4.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A5A0's short term assets (CA$4.7M) exceed its short term liabilities (CA$3.9M).
Long Term Liabilities: A5A0's short term assets (CA$4.7M) exceed its long term liabilities (CA$60.2K).
Debt to Equity History and Analysis
Debt Level: A5A0 has more cash than its total debt.
Reducing Debt: A5A0's debt to equity ratio has reduced from 80.8% to 71% 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: A5A0 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: A5A0 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.