American Aires Balance Sheet Health
Financial Health criteria checks 4/6
American Aires has a total shareholder equity of CA$3.4M and total debt of CA$572.6K, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CA$8.7M and CA$5.3M respectively.
Key information
17.1%
Debt to equity ratio
CA$572.63k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.79m |
| Equity | CA$3.35m |
| Total liabilities | CA$5.31m |
| Total assets | CA$8.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A5A0's short term assets (CA$8.5M) exceed its short term liabilities (CA$5.3M).
Long Term Liabilities: A5A0's short term assets (CA$8.5M) exceed its long term liabilities (CA$60.0K).
Debt to Equity History and Analysis
Debt Level: A5A0 has more cash than its total debt.
Reducing Debt: A5A0 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: A5A0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A5A0 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1% each year.