Ajax Resources Balance Sheet Health
Financial Health criteria checks 6/6
Ajax Resources has a total shareholder equity of £796.0K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £847.6K and £51.7K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£456.36k |
| Equity | UK£795.95k |
| Total liabilities | UK£51.66k |
| Total assets | UK£847.61k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJAX's short term assets (£847.6K) exceed its short term liabilities (£51.7K).
Long Term Liabilities: AJAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AJAX is debt free.
Reducing Debt: AJAX had no debt 5 years ago.
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: AJAX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AJAX has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 3.5% each year.